Nvidia, Microsoft invest $15 billion in AI startup Anthropic

Chip giant Nvidia and Microsoft announced Tuesday investments totaling $15 billion in AI startup Anthropic, creator of the Claude chatbot, as the AI investment frenzy continues amid emerging fears of a bubble on Wall Street.

Nvidia committed up to $10 billion while Microsoft — which owns 27% of Anthropic rival OpenAI — pledged up to $5 billion to the maker of Claude AI models.

The deal was part of a sweeping agreement that saw Anthropic commit to purchasing $30 billion in Microsoft’s cloud computing capacity and adopt the latest versions of Nvidia’s…