Nvidia May Invest Up to $10 Billion in Anthropic's Record-Breaking IPO

Nvidia is in talks to invest up to $10 billion in Anthropic's initial public offering (IPO), which could become the largest IPO in history. The developer of the Claude AI model aims to raise up to $100 billion, with a valuation in the offering reaching about $2 trillion.

Anthropic makes extensive use of Nvidia chips and is seeking to diversify its chip suppliers amid growing demand for Claude and limited computing capacity.

The talks between Nvidia and Anthropic are ongoing, and their terms may change. In November last year, Nvidia said it intended to invest up to $10 billion in the AI startup as part of a broader partnership.