On 2026-09-04, people familiar with the matter said Anthropic is expected to begin marketing its initial public offering in mid-October at the earliest and complete the listing days before the U.S. midterm elections in November. ^[1] Nvidia agreed to acquire the artificial intelligence startup Hugging Face in a transaction valued at approximately $13 billion. ^[2] On 2026-09-04, people familiar with the matter said Anthropic's IPO prospectus, previously expected as early as the following week, is now not expected until late September 2026. ^[3] On 2026-09-04, some investors said Anthropic's IPO could be a $2 trillion listing, one of the largest IPOs ever attempted. ^[4] Nvidia's CEO Jensen Huang stated that the company will maintain the Hugging Face platform open and in line with current startup practices. ^[5] Nvidia's stock rose approximately 2% during the morning of the announcement, reaching $227.87 per share. ^[6] The acquisition price includes a stock-based retention program worth up to $1 billion for Hugging Face employees who join Nvidia. ^[7] One of the people familiar with the matter said on 2026-09-05 that Anthropic is looking to finalize a $15 billion revolving credit facility as part of the IPO process. ^[8]