All 3 deals between Anthropic and Nvidia: $10B in total since Nov 18, 2025, with dates, status and sources. Updated Nov 9, 2026.
According to Reuters, Nvidia is weighing becoming an anchor investor in Anthropic's IPO, which aims to raise up to $100 billion at a valuation of about $2 trillion. In March Huang had said the 2025 investment would probably be the last.
In the three-way deal with Microsoft, Anthropic commits to up to 1 GW of capacity on Grace Blackwell and Vera Rubin, in exchange for Nvidia's $10 billion.
Three-way deal with Microsoft (up to $5 billion): Anthropic adopts Nvidia systems for the first time, up to 1 GW. Part of the funds went into the $30 billion Series G of February 2026.