Nvidia is considering an investment of up to $10 billion to serve as an anchor investor—a strategic partner that commits to purchasing a significant portion of shares before they are marketed to the broader public to build market confidence.
The potential deal underscores the deep interdependence between the developers of advanced AI models and the manufacturers of the specialized chips required to power them.
By securing Nvidia as a major stakeholder, Anthropic could stabilize investor sentiment regarding the enormous capital expenditure required to maintain its competitive edge.
This listing is viewed as a critical test of public market appetite for the high valuations and massive infrastructure costs associated with frontier AI labs.
The public listing is expected to be finalized before the U.S.
midterm elections in November, following a period of rapid financial growth for the maker of the Claude AI assistant.
While Anthropic remains a major customer for Nvidia hardware, the company is also attempting to manage its long-term costs by building an internal chip design team and utilizing specialized processors from partners like Google and Amazon.
These strategic shifts come as the startup projects its annual revenue could reach roughly $200 billion by 2028.