Anthropic is expected to go public next Wednesday or Thursday, just days after Nvidia reports quarterly earnings without Jensen Huang at the helm. The chipmaker has agreed to buy roughly $10 billion of shares in a $26 billion private placement alongside the IPO. The timing adds pressure on Anthropic, already viewed as a test of investor appetite for artificial intelligence, even though its core business has not changed. Anthropic is less dependent on Nvidia than some rivals because it also uses Google’s processing units, Amazon’s Trainium chips and AMD’s graphics processors, and it is reportedly exploring the development of its own chips. A successful listing would provide liquidity to more than 400 backers and reinforce the artificial intelligence boom, while a failure or indefinite delay would signal growing risks for the technology bubble.
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