Nvidia in $10B Talks for Record Anthropic IPO — SkimNews

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- Nvidia is in talks for a $10 billion investment in Anthropic's potential IPO, which Reuters reports could become the largest in history.
- Anthropic is seeking to raise as much as $100 billion in the offering, valuing the AI company at approximately $2 trillion.
- Nvidia would serve as an early strategic backer, deepening ties between the chipmaker and a key customer, though discussions are ongoing and could change.
- Anthropic declined to comment while Nvidia had yet to respond to a request for comment.
- Separately, Nvidia agreed to acquire AI platform Hugging Face for $12.9 billion, extending into software used by more than 18 million developers hosting over 3 million models.
- Riot Platforms secured a 20-year, roughly $9 billion agreement to supply 191 megawatts from its Rockdale, Texas campus to Anthropic.
Why it matters: If completed, Nvidia locks in as both chip supplier and major equity backer of one of its largest AI customers — a strategic entanglement beyond a typical supplier relationship. A $100 billion raise at $2 trillion resets AI funding scale against OpenAI, while Nvidia's parallel $12.9B Hugging Face deal shows it building both infrastructure and developer-tool layers simultaneously.
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