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XN doubles down on Anthropic after tech rout

Wall Street investment firm XN plans to increase its exposure to Anthropic despite the technology-market sell-off, the Financial Times reported. The low-profile firm has accumulated a $5.3 billion stake in the artificial-intelligence laboratory through private funding rounds, making the position a substantial bet on a still-private company.

Why it matters

The commitment shows that some large investors remain willing to make concentrated private AI bets despite public-market volatility.

Sources

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