The Information Machine
Following·Day 8·first covered 12 Sep 2026·2 sources

Anthropic Plans Nasdaq IPO at $2T Valuation, Nvidia Eyes $10B Stake

The gist

The potential scale of the offering, up to $100 billion at a $2 trillion valuation, makes it a significant capital event in the AI sector. Nvidia's reported motivation includes selling more chips to Anthropic regardless of how Anthropic's shares perform, reflecting a strategic dimension to the potential investment beyond financial returns.

The full picture

Anthropic is planning a Nasdaq IPO at approximately $2 trillion valuation and has told investors it was profitable for the second consecutive quarter. Reuters reported the offering could raise up to $100 billion, though negotiations remain unfinished and details could change. Nvidia is reportedly considering a $10 billion anchor investment in the IPO. An anchor investor commits capital before the broader IPO marketing process begins. Separately, Anthropic has disclosed that AI now leads more than 25% of its R&D work and collaborates on more than 90%, and the company dedicates 6 to 12% of its compute to safety monitoring.

How it developed
18 September 2026

Anthropic told investors it was profitable for the second consecutive quarter and is planning a Nasdaq IPO at approximately $2 trillion valuation.

12 September 2026

Reports emerge that Nvidia is considering a $10B anchor investment in Anthropic's IPO, which Reuters said could raise up to $100B at a $2T valuation, with negotiations ongoing.

Sources
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