Sources: Anthropic is in talks to bring on Nvidia as an anchor investor in its IPO, seeking up to $100B at a ~$2T valuation; Nvidia may invest up to $10B (Reuters)

Anthropic is in talks to bring Nvidia on board as an anchor investor in its upcoming initial public offering. According to Reuters, the artificial intelligence startup is seeking to raise up to $100 billion, which would value the company at around $2 trillion.

Nvidia is considering investing up to $10 billion in the IPO, according to one of the sources. The plans are still under discussion and could change, with the sources requesting anonymity due to the confidential nature of the talks.

The potential involvement of Nvidia would not only provide Anthropic with a significant anchor investor but also deepen ties between the chipmaker and one of its major customers. This development could boost investor confidence in the listing, which is expected to be a major test of public-market appetite for large valuations and capital requirements of frontier AI labs.

Brief written by urgent.news from Techmeme, Investing.com, Channel News Asia, CNA - Business — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.