Nvidia said to be in talks to invest in Anthropic’s mega IPO

Nvidia is reportedly considering injecting up to $10 billion into Anthropic's highly anticipated initial public offering (IPO), according to sources familiar with the matter. The AI startup, which is seeking to raise up to $100 billion, could value the company at around $2 trillion. Anthropic is currently in talks with Nvidia to become an anchor investor, with the potential investment remaining under discussion and subject to change.

Should the plans proceed, Nvidia's involvement could provide Anthropic with an early strategic backer for the substantial offering, while also strengthening ties between the chipmaker and one of its key customers. Anchor investors typically commit to purchasing a set portion of an IPO before its broader marketing, offering an early vote of confidence.

Nvidia's potential participation in the mega IPO could bolster investor confidence in the listing, which could be a significant test for public market appetite for the enormous valuations and capital requirements of frontier AI labs. The deepened relationship between Anthropic and Nvidia underscores the intricate relationships between AI model developers and the companies providing the massive amounts of computing power they require.