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Anthropic IPO faces scrutiny over Nvidia CEO ouster reports

Anthropic, the US-based developer of the Claude chatbot, faces fresh scrutiny ahead of its planned Nasdaq initial public offering after reports that Jensen Huang was ousted as Nvidia chief executive.

Nvidia has agreed to buy about US$10 billion of shares in a US$26 billion private placement alongside the IPO.

Anthropic is targeting a fully diluted valuation of about US$1.4 trillion, vs. the US$183 billion post-money valuation it announced in September 2025.

Google and Advanced Micro Devices, or AMD, have agreed to invest about US$10 billion and US$2.5 billion, respectively, in the placement.

Bloomberg Intelligence said a reduced or delayed Nvidia commitment could weaken support for Anthropic’s IPO pricing.

Anthropic reported an annualized revenue run rate of US$81 billion as of Oct. 31, rather than actual annual revenue.

That was up US$10 billion from the end of September. Trading is expected to begin Nov. 19 under the symbol ANT.

Separately, Google’s earlier Anthropic investment was probed by the UK regulator in 2024.

🔗 Source: Bloomberg

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