Driving the AI Revolution: Nvidia’s Impact on AI Startups
Nvidia has become increasingly prominent in exploiting the AI revolution, experiencing significant growth, particularly in the wake of their investment in ChatGPT and subsequent generative AI services. As a result, Nvidia has witnessed a sharp increment in its market value.
Nvidia’s High-Growth Strategy: AI Startups Investments
The world’s leading GPU producer hasn’t simply been benefitting; it’s been investing back into the industry. Focusing on AI startups, Nvidia has aggressively expanded its venture capital activity. Between 2023 and 2024, the company participated in 49 funding rounds for AI companies, a dramatic upswing from previous years.
Nvidia Sets the Pace for AI Startup Investments
Underlining its commitment to expanding the AI ecosystem, Nvidia leads other tech corporates in investing in AI startups. In the past two years, Nvidia sealed 83 deals, ahead of Alphabet’s 73 and Microsoft’s 40.
Nvidia’s Most Notable Investments
Notable investments include those exceeding $100 million, which include OpenAI, xAI, Inflection, Safe Superintelligence, and many others. Nvidia also backed several startups with funding that surpassed hundreds of millions of dollars like Crusoe, Figure AI, Cohere, and many others.
Investments Over $100 Million
Some of Nvidia’s significant investments comprised of deals reaching over $100 million like Ayar Labs, Kore.ai, and Vast Data.
In conclusion, the prolific AI investments reveal Nvidia’s strategic intent to shape the AI ecosystem, amidst ensuring its competitiveness in the rapidly evolving tech industry.
Fonte original: Leia a matéria completa no TechCrunch
