Anthropic's $2 Trillion IPO Takes Shape with Nvidia's Potential $10 Billion Investment

Anthropic, the maker of Claude, is moving closer to a public offering that could be one of the largest IPOs in history. The company has selected Nasdaq for its potential listing and could seek to raise as much as $100 billion at a valuation of around $2 trillion. This comes after Anthropic's annualized revenue surged above $65 billion, with adjusted operating income expected to remain positive for a second consecutive quarter.

Nvidia is considering investing up to $10 billion in the IPO, which would make it an anchor investor and deepen its relationship with Anthropic. The company relies heavily on Nvidia GPUs but is trying to diversify its sources of computing capacity as demand for Claude has strained its available resources.