Anthropic Eyes $100 Billion IPO

Artificial intelligence company Anthropic is preparing for a potential initial public offering (IPO) that could raise up to $100 billion, valuing the company at nearly $2 trillion.

The AI startup is reportedly in discussions with Nvidia, which is considering investing as much as $10 billion in Anthropic ahead of its public market debut. This investment would provide significant backing and improve market confidence in the large fundraising exercise.

Nvidia's potential investment would further strengthen the relationship between the two companies, as Nvidia provides the graphics processing units (GPUs) required by Anthropic to develop and operate its artificial intelligence models. Anthropic has also been expanding its network of computing partners, including Amazon and Google, to secure additional computing resources.

In November 2025, Nvidia announced plans to invest up to $10 billion in Anthropic as part of a broader collaboration. Anthropic also committed to purchasing $30 billion worth of Microsoft Azure computing capacity supported by Nvidia chips.

To support the growing demand for AI services, Anthropic has secured large-scale computing commitments, including a plan to spend more than $100 billion over a decade on Amazon Web Services infrastructure. The company will also use over one million Amazon Trainium2 chips and has partnered with Google and Broadcom to expand computing capacity using Google's artificial intelligence chips.

The potential IPO would represent a significant jump in Anthropic's valuation, which was $965 billion in May after the company raised $65 billion. Its annualised revenue run rate reached $65 billion by July, compared with about $9 billion at the end of 2025, highlighting the rapid growth of the AI sector.

Anthropic's IPO is now expected to take place in mid-October, after the company delayed its initial timeline. The investment from Nvidia, if it materializes, would likely boost Anthropic's IPO prospects and provide a significant vote of confidence in the company's future growth.

The AI sector has been experiencing rapid growth, with Anthropic's revenue increasing significantly over the past year. The company's expansion of its computing infrastructure and partnerships with major technology firms will likely support its continued growth and development of its artificial intelligence models.

The potential IPO and investment from Nvidia are significant developments in the AI sector, highlighting the growing importance of artificial intelligence in the technology industry. As the demand for AI services continues to increase, companies like Anthropic are well-positioned for future growth and expansion.

In conclusion, Anthropic's potential IPO and Nvidia's consideration of a $10 billion investment are major developments in the AI sector. The company's rapid growth and expansion of its computing infrastructure position it for continued success in the future.