Nvidia Expects Final $30B OpenAI Investment and $10B Anthropic Deal Before IPO
Nvidia CEO Jensen Huang said its $30B equity investment in OpenAI at a $730B pre-money valuation will likely be the last before the startup’s IPO. He also expects Nvidia’s $10B commitment to Anthropic alongside Microsoft to be final, reflecting a shift from an earlier $100B non-binding infrastructure plan.
1. OpenAI $30B Equity Stake
Nvidia’s latest $30 billion equity investment secures a direct ownership position in OpenAI at a $730 billion pre-money valuation. This commitment replaces a previously envisioned $100 billion infrastructure deal tied to deploying 10 gigawatts of computing power.
2. Anthropic $10B Investment with Microsoft
In November, Nvidia joined Microsoft in a $10 billion funding round for Anthropic, and CEO Jensen Huang indicated this joint investment will likely be the last major financing for the competitor before its next corporate developments.
3. Strategic Shift and IPO Implications
The pivot from large-scale infrastructure commitments to direct equity stakes underscores Nvidia’s focus on positioning its investments ahead of AI startups’ IPOs. Huang’s remarks signal a broader industry trend toward finalizing funding rounds prior to public listings.