NVIDIA is putting $10 billion behind AI startup Anthropic's big IPO happening November 19, 2026.
This move comes just days after CEO Jensen Huang resigned following reports of affairs, one of which involved a woman that US officials believe was spying for China.
Despite the shakeup, NVIDIA's support could help push Anthropic's value to $1.4 trillion and set a new fundraising record at $90.4 billion.
NVIDIA quarterly results eyed for clues
With this investment, NVIDIA is doubling down on its role as a major force in AI (some even call it the "central bank of AI").
The funding could make it easier for Anthropic to get the chips it needs and lower its borrowing costs.
All eyes are now on NVIDIA's upcoming quarterly results (out November 17) for clues about what comes next after Huang's exit and how the company plans to steer through all these changes.