XN Plans to Buy More Anthropic Shares at IPO Amid AI Valuation Tests
Key Highlights: Investment firm XN is preparing to expand its $5.3 billion position in Anthropic post-IPO, even as early investors face strict lockup terms limiting sales to 8% in the first quarter post-listing. Prospective public market buyers are pushing back against Anthropic’s proposed $1.5 trillion valuation following a tech sell-off, down from earlier $2 trillion ...