Anthropic could be preparing for one of the biggest stock-market debuts ever, and Nvidia may play a crucial role in making it happen. The AI company is reportedly in discussions with Nvidia to bring the chipmaker in as an anchor investor for its potential initial public offering, Reuters reported, citing two people familiar with the matter. Anthropic is exploring an IPO that could raise as much as $100 billion and potentially put its valuation at around $2 trillion, as per the report. Nvidia, meanwhile, is considering committing up to $10 billion to the offering.
The discussions are still ongoing, and the terms could change, meaning there is no certainty that Nvidia will ultimately participate at that level.
If the investment goes ahead, however, Nvidia would become an important early backer of Anthropic’s enormous public-market debut. The move would also strengthen the commercial relationship between the two companies at a time when demand for computing power is becoming one of the biggest constraints for leading AI developers.
Nvidia Could Become Key Anchor Investor In Anthropic IPO
Anchor investors typically agree to purchase a predetermined portion of shares before an IPO is offered more broadly to investors. Their participation can provide an early signal of institutional confidence in a company preparing to enter the public markets.
For Anthropic, securing Nvidia as an anchor investor could be particularly significant given the scale of the proposed offering. A potential $100 billion fundraising target would make the listing an extraordinary test of investor appetite for frontier artificial intelligence companies.
Nvidia’s involvement could also give the IPO a strategic dimension beyond simply raising capital. The chipmaker supplies much of the computing infrastructure needed by AI companies, while Anthropic is among the major developers driving demand for advanced chips.
Mega IPOs have increasingly sought strong institutional participation ahead of their market debuts. Nvidia and Amazon were among the anchor investors in chip designer Arm’s listing, while Saudi Arabia’s Public Investment Fund participated as an anchor investor in SpaceX’s offering.
