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Nvidia in talks to invest in Anthropic’s mega IPO: Sources

Nvidia is considering investing up to US$10 billion in Anthropic's IPO, one source said.

Nvidia in talks to invest in Anthropic’s mega IPO: Sources

Nvidia is in discussions to potentially invest up to US$10 billion in Anthropic's upcoming IPO, which could be the largest IPO in history, according to sources. Anthropic aims to raise up to US$100 billion, which could value the AI startup at around US$2 trillion. The potential investment would give Anthropic an early strategic backer for the IPO and could boost investor confidence, as anchor investors typically provide an early vote of confidence in shares.

Nvidia, which already supplies Anthropic with graphics processing units (GPUs), would further deepen ties between the chipmaker and one of its major customers. The IPO is expected to complete before the US midterm elections in November and would mark another significant jump in Anthropic's valuation, which had already reached US$965 billion in May.

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

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