Nvidia and Alphabet Commit $10 Billion Each to Anthropic IPO Private Placement
Anthropic has set its initial public offering (IPO) terms, targeting a price range of $70 to $78 per share for 825 million shares on the Nasdaq under the ticker 'ANT'. As part of an amended filing, seven firms have agreed to a combined $26 billion private placement at the IPO price. Leading this group are Nvidia and Alphabet (Google), each committing approximately $10 billion toward the acquisition. The investment comes as Anthropic shows significant revenue growth, surging to $33.2 billion in the first nine months of its current cycle compared to just $2.5 billion in the previous year. While Google's contribution fulfills a prior financing commitment, Nvidia's $10 billion stake follows a November 2025 pledge and reinforces the strategic link between AI model developers and hardware providers, despite Anthropic's stated goal of reducing vendor dependence.
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Topics: Artificial Intelligence Equity Investment IPO Venture Capital
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Part of the story Nvidia and Alphabet Commit $10 Billion Each to Anthropic IPO Private Placement (2 articles)