Chipmaker Nvidia is reportedly weighing an investment of up to $10 billion in artificial intelligence firm Anthropic, which is preparing what could become one of the largest public offerings in history, according to a report from Reuters.
A Potentially Historic Offering
Anthropic, the company behind the Claude family of AI models, is said to be pursuing a fundraising effort that could bring in as much as $100 billion. If successful, the deal would place a valuation of roughly $2 trillion on the firm, a figure that would rank it among the most valuable technology companies in the world.
The scale of the proposed offering underscores the intensity of investor appetite for artificial intelligence, an area that has drawn enormous capital as companies race to build and deploy increasingly capable models.
A $2 trillion valuation would catapult Anthropic into the rarest tier of global technology firms.
Nvidia's Deepening AI Bets
Nvidia's reported interest reflects the chipmaker's strategy of backing the very companies that fuel demand for its graphics processors, the hardware that powers the training and operation of large AI systems. A stake in Anthropic would further entwine the two firms as the AI buildout continues.
The chipmaker has become one of the most influential players in the sector, both through its dominance in AI hardware and its willingness to invest directly in leading model developers. Such moves help cement long-term demand for its products while giving it exposure to the growth of the companies driving that demand.
Key details reported so far include:
- A possible Nvidia investment reaching $10 billion
- An Anthropic raise targeting up to $100 billion
- An implied valuation near $2 trillion
Neither company has publicly confirmed the terms, and the plans could still shift as discussions progress. The reported figures signal how much confidence major players are placing in the future of generative AI despite ongoing questions about profitability and sustainability across the industry.