Nvidia Eyes $10B Investment in Record-Breaking Anthropic IPO

Nvidia is in talks to invest $10 billion in Anthropic's potential record-breaking IPO, which could value the AI company at around $2 trillion. The investment would be a strategic partnership between Nvidia and Anthropic, and could strengthen ties between the chipmaker and an important customer.

Anthropics' IPO is expected to raise as much as $100 billion, making it one of the largest in history. The discussion with Nvidia is ongoing, but could change at any time, according to sources who remain anonymous due to the confidential nature of the negotiations.

This potential investment comes after Nvidia's recent acquisition of Hugging Face for $12.9 billion, which will give the company control over a major platform for AI models. The acquisition was seen as a strategic move by Nvidia to expand its reach into the software and tools developers use to build artificial intelligence.