Anthropic Said to Be in Talks for Nvidia to Become IPO Anchor Investor, Nvidia May Invest Up to $10 billion

Beating AI News Flash: According to two people familiar with the matter, Anthropic is in talks with Nvidia (NVDA.O) to bring the latter in as an anchor investor in its IPO; Anthropic's IPO is expected to be the largest in history.

The people familiar with the matter said Anthropic plans to raise as much as $100 billion, which could value the AI startup at about $2 trillion. One of the sources added that Nvidia is considering investing as much as $10 billion in the IPO. They cautioned that the plans are still under discussion and may change.

The report noted that bringing in a deep-pocketed major investor like Nvidia is expected to boost investor confidence in the listing. The IPO is increasingly becoming a major test of the public market's willingness to accept the huge valuations and funding needs of frontier AI labs.