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Nvidia in talks to invest in Anthropic’s mega IPO

Anthropic is in talks to bring Nvidia as an anchor investor into what could be the largest IPO in history, two people familiar with the matter told Reuters.Anthropic is seeking to raise as much as $10...

Nvidia in talks to invest in Anthropic’s mega IPO

Anthropic, an artificial intelligence startup, is in negotiations to bring Nvidia, a leading chip designer, on board as an anchor investor for what could be the largest IPO in history, according to two sources familiar with the matter. The AI company is seeking to raise up to $100 billion, potentially valuing Anthropic at around $2 trillion.

Nvidia is considering an investment of up to $10 billion in the IPO. The talks are ongoing and could change, but the involvement of Nvidia, a strategic backer, could boost investor confidence in the listing and deepen ties between the chipmaker and the major customer. Anchor investors typically commit to buying a set portion of an IPO, providing an early vote of confidence in the shares.

The potential listing is a major test of public-market appetite for the enormous valuations and capital requirements of frontier AI labs.

Written by urgent.news from Gulf Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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