Anthropic’s $60B IPO Plans Bolster Nvidia’s Tens-of-Billions Chip Revenue
Nvidia supplies specialized AI chips worth tens of billions of dollars to Anthropic, which plans an initial offering raising over $60 billion after a $380 billion valuation. Elevated recession probabilities—48.6% from Moody’s, 30% from Goldman Sachs and 35% from prediction markets—coupled with higher oil prices may curb AI spending.
1. Rising Recession Risks
Elevated recession probabilities—48.6% from Moody’s, 30% from Goldman Sachs and 35% in prediction markets—stem from oil price spikes due to the Iran conflict; higher transportation and consumer costs could dampen corporate AI hardware investments this year.
2. Anthropic IPO Plans
Anthropic PBC is evaluating an initial public offering as soon as October that could raise over $60 billion following a $380 billion valuation from its February funding round; Goldman Sachs, JPMorgan Chase and Morgan Stanley are in early discussions to lead the listing.
3. Nvidia’s Strategic Chip Supply
Nvidia has supplied specialized AI processors to Anthropic through deals worth tens of billions of dollars and holds a stake in the company, positioning Nvidia to capture significant revenue growth if Anthropic scales its data centers and AI services.