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

Nvidia's potential investment could lower the cost of Anthropic's future computing needs.

Artificial intelligence company Anthropic is reportedly in discussions with Nvidia to secure the chipmaker as an anchor investor for its upcoming Initial Public Offering (IPO). Sources familiar with the matter indicate that Anthropic is aiming for a valuation of approximately $2 trillion, with the IPO potentially raising up to $100 billion. Nvidia is considering an investment of up to $10 billion in this venture. If successful, this IPO could represent the largest public offering in history, underscoring the immense investor interest and capital flowing into the AI sector. The discussions are ongoing, and no definitive agreement has been reached.

Nvidia's potential role as an anchor investor in Anthropic's IPO, coupled with a significant investment, signals a deepening strategic alliance between the AI software developer and the leading AI hardware provider. This move suggests Nvidia is looking to secure its long-term relationship with a major AI player, potentially guaranteeing significant future revenue streams from GPU sales and cloud services. For Anthropic, having Nvidia as a cornerstone investor could provide financial stability and preferential access to critical AI infrastructure, crucial for its ambitious growth plans.

The sheer scale of the potential IPO, targeting a $2 trillion valuation, indicates a massive appetite for AI-focused public companies and highlights the immense financial power Anthropic wields. This could set a new benchmark for tech IPOs, potentially drawing more AI startups to consider public markets sooner. It also suggests a consolidation of power, with key hardware providers like Nvidia becoming increasingly integral to the success and valuation of leading AI model developers.