Insider reports: Nvidia is apparently considering a billion-dollar investment in Anthropic's IPO
The chip manufacturer could participate in Anthropic's initial public offering with up to $10 billion, insiders report. The AI start-up relies on Nvidia's graphics processors.
Nvidia is considering investing up to $10 billion in AI start-up Anthropic's planned initial public offering, according to insiders. The chipmaker is in talks to become an anchor investor, with the goal of expanding its business relationship with Anthropic, which relies heavily on Nvidia's graphics processors for its AI models. Anthropic's IPO could be worth up to $100 billion, with the company aiming for a valuation of around $2 trillion. The listing is expected to take place before the US midterm elections in November.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
