Nvidia could fund anthropic's record-breaking IPO

Reuters reports that Anthropic is in talks with Nvidia to secure funding for its upcoming IPO, which could become one of the largest stock market debuts. The company is reportedly seeking to raise up to $100 billion, potentially valuing it at $2 trillion. Nvidia is considering investing up to $10 billion as part of the deal, though terms are still under negotiation. Anthropic declined to comment, and Nvidia did not respond to Reuters' request for comment. The potential investment would deepen the existing financial ties between Nvidia and Anthropic, which already include a $10 billion investment agreement from last November. This deal would align with a trend of major stock listings this year, including SpaceX's IPO in June. U.S. IPOs, excluding blank-check companies, have already raised a record $137 billion through the end of August. Similar to how Nvidia and Amazon supported Arm's IPO, and Saudi Arabia's sovereign wealth fund backed SpaceX, this deal would position Nvidia as an anchor investor for Anthropic's offering.