Anthropic Plans Up to $100 Billion IPO at $2 Trillion Valuation, Reuters Reports

Anthropic is preparing for a potential initial public offering that could raise as much as $100 billion and value the artificial intelligence company at around $2 trillion, according to Reuters. The Claude developer is targeting a listing before the U.S. midterm elections in November, according to people familiar with the discussions.

Coin Bureau highlighted the Reuters report in a post on X, noting that Nvidia is in talks to invest as much as $10 billion in the offering as an anchor investor. The discussions remain private and the terms could change, Reuters reported.

Anthropic Targets Record-Scale Offering

The proposed fundraising would put Anthropic's planned IPO among the largest public offerings ever. Reuters reported that the company is seeking up to $100 billion, with the transaction potentially valuing Anthropic at approximately $2 trillion.

The figures remain targets rather than finalized IPO terms. People familiar with the discussions told Reuters that the plans are still under negotiation and could change before any transaction is completed.

Anthropic, the company behind the Claude AI models, has become one of the leading private companies developing advanced artificial intelligence systems. Its potential public listing would give investors direct access to a major AI developer while placing the company's valuation under public-market scrutiny.

Nvidia Discusses $10 Billion Anchor Investment

Nvidia is considering investing up to $10 billion in Anthropic's IPO, according to Reuters. Such an investment would make the chipmaker a potential anchor investor in the offering and further deepen the relationship between the two companies.

Nvidia is a major supplier of computing hardware used by AI developers, including Anthropic. The potential investment would therefore connect the company's role as an AI infrastructure provider with a direct financial position in one of its major customers.

Reuters reported that Nvidia's potential participation had not previously been disclosed. The discussions are being conducted confidentially, and neither the size of Nvidia's investment nor the final structure of the IPO has been established.

IPO Timing Remains Under Discussion

Anthropic is targeting completion of the listing before the U.S. midterm elections in November, according to the people cited by Reuters. The timetable remains part of the company's broader IPO planning and is not a guarantee that the offering will be completed by that point.

The proposed scale of the offering reflects the enormous capital requirements surrounding the development and deployment of advanced AI systems. It also comes as major technology companies and investors continue to commit substantial resources to AI infrastructure and model development.

For now, the key elements of Anthropic's proposed offering remain subject to negotiations. The company is seeking as much as $100 billion at a potential valuation of around $2 trillion, while Nvidia is considering up to $10 billion as an anchor investment.

Writer: Victoria Hale
Technology & Blockchain Writer

Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.

She prioritises clarity and accuracy when explaining technical developments to a general audience.