Nvidia Backs $30bn Anthropic Round Valued at $350bn as Bank Fees Vary 1% to 17.5%
Nvidia joined Anthropic’s $30bn funding round in February, investing alongside Morgan Stanley and Goldman Sachs at a $350bn valuation. Morgan Stanley charged clients a one-time 1% placement fee, while Goldman Sachs levied a 1.25% management fee plus 17.5% carried interest.
1. Nvidia Participates in Anthropic’s $30bn Fundraiser
Nvidia co-invested in Anthropic’s February round alongside Morgan Stanley and Goldman Sachs, contributing to a total $30bn raise that valued the AI startup at $350bn, one of the largest pre-IPO financings in the sector.
2. Divergent Fee Structures at Morgan Stanley and Goldman Sachs
Morgan Stanley offered clients access via an SPV with a single 1% placement fee and no ongoing management or carry, while Goldman Sachs proposed a 1.25% annual management fee plus 17.5% carried interest on profits above 8%, reflecting distinct client segments.
3. Strategic Implications for Nvidia’s AI Ecosystem
By securing a stake in Claude-maker Anthropic at a $350bn valuation, Nvidia deepens its AI ecosystem exposure, positioning itself to benefit from future deployments of Anthropic models and potential revenue partnerships post-IPO.