Anthropic in Talks With Nvidia Over Potential $100 Billion IPO

Anthropic is in discussions with Nvidia about making an investment of up to $10 billion in a potential initial public offering that could raise as much as $100 billion and value the artificial-intelligence company near $2 trillion. The deal, which could become the largest IPO ever attempted, remains under negotiation and its terms may change. Nvidia’s participation could strengthen investor confidence while deepening ties with a major customer that relies heavily on its chips and computing infrastructure. The arrangement also highlights a potential conflict in having a key supplier help validate the valuation of the company whose business generates demand for its products.