Anthropic Reportedly Recruits Nvidia as Cornerstone Investor for IPO, May Invest $10 Billion
SingTao · 2 SOURCESabout 2 hours ago2 MIN
Summary
Anthropic, the AI company behind the Claude chatbot, is reportedly negotiating to secure Nvidia as a cornerstone investor for its initial public offering, with Nvidia considering deploying up to $100 billion in the deal . Reuters, citing informed sources, said Anthropic is aiming to raise as much as $1 trillion, which could catapult the company's valuation to approximately $2 trillion . The IPO, expected to be filed as early as this month and completed before the November US mid-term elections, represents a landmark test of public market appetite for frontier AI laboratories and their massive capital requirements .
Key Points
- Nvidia is in discussions to become a cornerstone investor in Anthropic's IPO, potentially committing up to $100 billion to support the listing
- Anthropic is seeking to raise up to $1 trillion, which could value the AI startup at approximately $2 trillion, making it one of the largest listings ever
- The companies already have deep ties: in November 2025, Nvidia pledged to invest up to $100 billion in Anthropic, while Anthropic committed to purchasing $30 billion worth of Nvidia-powered Microsoft Azure computing services
- To reduce reliance on any single supplier, Anthropic has diversified its infrastructure: a $100 billion deal with Amazon Web Services over ten years using over 1 million Trainium2 chips, plus agreements with Google and Broadcom for additional TPU capacity
- Anthropic is also building an internal chip design team to create custom silicon optimized for Claude, aiming to control hardware costs directly
Why It Matters
This IPO would set a new benchmark for tech listings and signal whether public markets can absorb the massive capital needs of cutting-edge AI development . The participation of a well-resourced anchor investor like Nvidia would provide early confidence to other institutional players, a strategy that has become increasingly common for mega-sized IPOs, as seen with Arm's listing involving Nvidia and Amazon, and SpaceX's partnership with Saudi Arabia's Public Investment Fund .
This IPO would set a new benchmark for tech listings and signal whether public markets can absorb the massive capital needs of cutting-edge AI development . The participation of a well-resourced anchor investor like Nvidia would provide early confidence to other institutional players, a strategy that has become increasingly common for mega-sized IPOs, as seen with Arm's listing involving Nvidia and Amazon, and SpaceX's partnership with Saudi Arabia's Public Investment Fund .