Anthropic Reportedly Seeks Up to $100B at a $2 Trillion Valuation

Reuters reports that Anthropic is in talks to raise up to $100 billion at a $2 trillion valuation — potentially the largest financing round in the AI industry's history. Nvidia is reportedly weighing an anchor investment of around $10 billion.

If it closes, it would be a dramatic escalation of the capital race that has defined 2026: every frontier lab is capacity-bound, and the money is chasing both compute and the belief that agentic AI is about to become a primary interface for software.

Nothing is confirmed yet, and the terms could change — but the very existence of these talks is the week's clearest signal of how far the "compute arms race" has gone.