Low-profile Wall Street firm to double down on Anthropic despite tech rout

XN amassed $5.3bn stake in AI lab through private-round investments

Low-profile Wall Street firm to double down on Anthropic despite tech rout

TL;DR

  • XN has invested $5.3 billion in AI lab Anthropic.
  • The investment was made through private rounds.
  • This occurs during a tech sector downturn.