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Anthropic targets $100B IPO with Nvidia as anchor investor

Frontier AI lab Anthropic is in talks with chipmaker Nvidia to anchor its initial public offering, aiming to raise up to $100 billion and signalling imminent public-market debut for a major LLM competitor.

WHY IT MATTERS

Validates stratospheric private valuations for frontier labs; Nvidia's participation signals confidence in Anthropic's commercial viability and deepens chip-to-model-to-deployment supply-chain linkage.

Source: PYMNTS · 2026-09-13

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Anthropic targets $100B IPO with Nvidia as anchor investor — ath — AITechHive