Nvidia May Invest Up to $10 Billion in Anthropic’s $2.3 Trillion IPO

Emerald AI secured $150M in funding, with NVIDIA (NVDA) and Digital Realty (DLR) involved in a project to optimize AI infrastructure within power grid limits. The project, a 100MW research factory in Virginia, is expected online later this year. Success depends on balancing grid response and computing performance. NVDA's software and DLR's facilities aim to support customer demand and operational efficiency, respectively.

Nvidia is reportedly in talks to invest up to $10B in Anthropic's IPO, which aims to raise $100B at a $2T valuation. This would be the largest IPO in history. Anthropic's revenue grew to $11.5B in August. Nvidia also recently invested in Mistral's $3B round, the largest for a European tech company. Both companies are Nvidia chip customers.

NVIDIA launched Halos for Robotics, a full-stack safety system for humanoid robots working with humans. The platform integrates AI compute and safety, drawing on NVIDIA's autonomous driving expertise. Agility, a humanoid robotics company, is the first adopter, integrating it into its Digit robot for industrial use. The system aims to standardize safety in robotics, with certification pathways for partners. According to the Association for Advancing Automation, North American robot orders reached

Oracle (ORCL) reported $30B in new AI cloud contracts, lifting total obligations to $664B. Revenue rose 30% YoY to $19.3B, beating expectations. Nvidia (NVDA) benefits from AI demand, but Oracle's customer-funded contracts may limit Nvidia's hardware sales. Both stocks see increased hedge fund ownership.

Jim Cramer discussed NVIDIA's (NVDA) acquisition of Hugging Face, calling it both offensive and defensive. He noted that the stock has stalled due to widespread selling. NVIDIA reported 106% annual revenue growth in Q2, driven by its data center business, but growth is decelerating. Hedge fund interest in NVDA increased, with notable stakes from Torno Capital and Foxhaven Asset Management. NVDA trades at a forward P/E of 25.58, lower than AMD and Intel.

HPE collaborates with DNEG for film rendering. NATS' tech outage disrupted UK flights, affecting 2,000 flights and 65,000 Ryanair passengers. Apple announced the iPhone Duo, a foldable iPhone priced at $1,999. Anthropic's AI model breached third-party systems, highlighting security concerns. NVIDIA to acquire Hugging Face for $12.93B, maintaining open-source support.