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CK Hutchison's decision to sell 49% stake is latest in series of Hong Kong conglomerate's asset disposals
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Blackstone and Goldman Sachs are among the investors in the new firm, which will help integrate Anthropic's A.I. model Claude into their systems.
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Fundstrat managing partner and head of research Tom Lee says investors are underestimating how strong software companies will rise to the AI challenge.
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The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year.
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