NVIDIA CorporationNvidia is reportedly weighing a ~$10 billion contribution to Anthropic's IPO.
Anthropic is moving forward with an initial public offering on Nasdaq that could value the company at $2 trillion, with Nvidia reportedly weighing a contribution of around $10 billion to the offering. The company more than doubled its revenue to $11.6 billion in the second quarter and could seek to raise as much as $100 billion, both figures that would surpass what SpaceX achieved when it went public in June at a $1.77 trillion valuation. Anthropic is preparing to tell IPO investors that its potential revenue opportunity exceeds $30 trillion, and investors have projected annualized revenue will reach between $100 billion and $120 billion before year's end, more than tenfold growth from the $47 billion reported in May. Morgan Stanley, Goldman Sachs, and JPMorgan are leading the offering, and the company filed paperwork with the Securities and Exchange Commission in June. The road to a listing carries risks: Anthropic's top model is priced more than 2.5 times higher than OpenAI's flagship offering, revenue growth slowed in June after the U.S. Commerce Department imposed a temporary export control on its best models, and the company remains in active litigation against the U.S. Department of Defense, which designated it a supply-chain risk earlier this year. Rival OpenAI has also filed a confidential S-1 with the SEC, targeting a potential fall listing at an $852 billion valuation.
NVIDIA CorporationNvidia is reportedly weighing a ~$10 billion contribution to Anthropic's IPO.
Space Exploration Technologies Corp. Class A Common Stock
Goldman Sachs Group IncMorgan Stanley, Goldman Sachs, and JPMorgan are leading Anthropic's up-to-$100B IPO, a major underwriting mandate.
Morgan StanleyMorgan Stanley is a lead underwriter on Anthropic's up-to-$100B IPO.
JPMorgan Chase & CoJPMorgan is among the lead banks on Anthropic's up-to-$100B Nasdaq IPO.
Anthropic is pursuing a $2T Nasdaq IPO with $11.6B Q2 revenue, but faces export-control-slowed growth and DoD litigation.