Nvidia weighs $10B stake in Anthropic ahead of potential IPO

Nvidia is reportedly considering a $10 billion investment in Anthropic ahead of a potential record‑breaking IPO, according to Reuters. The AI startup, founded by former OpenAI engineers, has said it could raise as much as $100 billion, which would value it at roughly $2 trillion. If the deal goes through, Nvidia would become a major shareholder in a company that is developing large‑language models that could rival those of OpenAI and Google.

The move comes at a time when the AI industry is in a frenzy of competition and funding. Anthropic has been building its own models, focusing on safety and reliability, and has already secured backing from a range of investors, including Microsoft and Google. Nvidia, the world’s largest supplier of graphics processing units used to train AI models, has seen its shares climb as demand for AI hardware soars. By investing in Anthropic, Nvidia would secure early access to cutting‑edge models and strengthen its position as a key partner for companies that need both hardware and software for AI workloads.

Investors are watching closely. A $10 billion stake would give Nvidia a substantial influence over Anthropic’s strategy, potentially opening the door to exclusive licensing deals and joint development projects. Analysts say that the partnership could help Nvidia lock in a steady stream of demand for its GPUs, while Anthropic would gain the scale and resources needed to accelerate product launches. The deal would also signal to the market that Nvidia is serious about being at the core of the AI ecosystem, not just as a hardware provider but also as a strategic partner.

What happens next is still unclear. Nvidia will likely hold a series of private meetings with Anthropic’s leadership to negotiate terms, followed by a due‑diligence review. If the investment is approved, the company will need to file a formal offer with regulators, and the IPO could be scheduled for later this year or early next year. The announcement has already sparked speculation that the tech sector could see a wave of new AI companies going public, further reshaping the landscape of artificial intelligence.