Nvidia Is in Talks to Anchor Anthropic's IPO With Up to $10B, in a Raise of Nearly $100B at About a $2T Valuation
Reuters·high signal
Reuters reports Nvidia may take an anchor position of up to $10 billion in Anthropic's planned listing, which is targeting as much as $100 billion raised at roughly a $2 trillion valuation and would be the largest IPO on record. Nvidia already committed up to $10 billion to Anthropic in a November 2025 partnership tied to $30 billion of Azure capacity running Nvidia chips, so this would stack a second $10 billion on an existing chip-customer relationship. The listing is expected before the November US midterms.