Investment Firm XN to Increase Anthropic Stake Ahead of IPO Amid AI Sell-Off
Photo: TheCoinrise
XN's planned purchase comes as a broader pullback in AI stocks tests Anthropic's expected valuation on Nasdaq. Investment firm XN intends to purchase more shares of Anthropic around the artificial intelligence company's planned initial public offering. The plan was reported by Cryptopolitan and CryptoBriefing on November 7, 2026. Anthropic, known for its Claude family of AI models, is preparing to list on Nasdaq. The listing is expected to serve as a test case for how public markets value AI companies after a period of rapid private valuations. The timing is notable.
Source: TheCoinrise
