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Anthropic backer says ‘be long’ on AI as tech rout rips across Asia

The Australian Financial Review (AFR) •
November 06, 2026 • 03:56 AM
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Lightspeed’s Isaac Kim said there were signs of a bubble developing, but there were plenty of reasons to be optimistic about artificial intelligence.

Anthropic backer says ‘be long’ on AI as tech rout rips across Asia

One of the largest backers of Anthropic says there are growing warning signs that the valuations of artificial intelligence companies are becoming stretched as one of the worst one-day slumps on Wall Street rippled across Asian markets, sparking sell-offs in Japan, Taiwan and South Korea.

Isaac Kim, a partner at Lightspeed, which manages around $70 billion and has long had a position in the developer behind the popular Claude platform, said while there could already be a market bubble, his advice was to “be long” on AI given the early stage of the technology.

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