ETFs & Mutual Funds
Anthropic Stake for the Masses Is Latest ETF Industry Gambit
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It’s a combination of two of the hottest trends on Wall Street: the frenzy for all things artificial intelligence, and the race to offer private assets to the masses.
KraneShares says one of its exchange-traded funds now owns a direct stake in Anthropic, the closely held OpenAI rival that just raised cash at a valuation of more than $60 billion.