According to a Saturday report by Reuters that cited knowledgeable insiders, Anthropic is holding discussions with Nvidia regarding a prospective $10 billion investment for what could become the largest initial public offering ever recorded.
The sources indicated that Anthropic aims to secure as much as $100 billion through the share float, a figure that might establish a valuation of roughly $2 trillion for the artificial intelligence firm.
The individuals speaking with Reuters noted that these talks remain active and subject to alteration, preferring anonymity because the negotiations are private.
Securing Nvidia as a participant could provide Anthropic with an early strategic supporter for the stock launch while simultaneously reinforcing the commercial relationship between the semiconductor manufacturer and a key client.
Reuters stated that Anthropic chose not to issue a statement, whereas Nvidia had not yet replied to an inquiry seeking comment.
Related: Nvidia buys Hugging Face for $12.9B in push into AI software
On Aug. 11, Cointelegraph covered how Bitcoin mining enterprise Riot Platforms finalized a 20-year contract to deliver 191 megawatts of power capacity from its Rockdale, Texas, facility to a prominent frontier AI organization.
Bloomberg revealed, referencing individuals with knowledge of the situation, that the buyer was Anthropic and the transaction carried an estimated worth of $9 billion.
Earlier this month, Cointelegraph covered Nvidia’s agreement to purchase Hugging Face for $12.9 billion, broadening its presence within the domain of software and applications utilized by developers to create artificial intelligence.
Nvidia Chief Executive Officer Jensen Huang noted that Hugging Face supports more than 18 million developers and hosts over three million models.
This purchase would grant Nvidia governance over a prominent hub for AI models as major technology enterprises increasingly rival one another across hardware, software, and developer utilities.
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