Before Anthropic's IPO, Investors Are Loading Up on This ETF (AGIX)
Thanks to its holdings in private companies, the KraneShares Artificial Intelligence and Technology ETF is gaining attention.
Before Anthropic's IPO, Investors Are Loading Up on This ETF (AGIX)
Overview
With the Space Exploration Technologies initial public offering now in the rear-view mirror, the next big attention-grabbing IPO will be Anthropic's. On June 1, the artificial intelligence (AI) start-up submitted its confidential S-1 filing with the U.S. Securities and Exchange Commission, a move that puts it on a clear path to becoming a publicly traded company.
Typically, retail investors are unable to buy shares of privately held companies directly. But some investment vehicles do buy stakes in pre-IPO companies, and some of those are accessible to everyone. One such investment is the KraneShares Artificial Intelligence and Technology ETF (NASDAQ: AGIX).
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Originally published at www.fool.com.
