Nvidia, the world's most valuable chipmaker, has become one of the leading investors in AI start-ups this year, having invested in over two dozen companies. According to Dealroom, Nvidia participated in 35 deals in 2023, nearly six times more than last year, making it the most active large-scale investor in AI. Nvidia's investments total $872 million, over ten times its investment in the same period last year, the Financial Times reports. The companies Nvidia invests in all use its technology, with its portfolio now including Inflection AI, Cohere, Hugging Face, and CoreWeave. Nvidia's latest investment was in Paris-based AI start-up Mistral.
Nvidia leaps into AI investments, becoming the most active large-scale investor in the field
Support our independent, free-access reporting. Any contribution helps and secures our future. Support now:
Sources
News, tests and reports about VR, AR and MIXED Reality.
Hello Dot is a Quest 3 exclusive mixed reality experience made by Niantic
Space Pirate Trainer DX gets an update that improves Quest 3 graphics
Time-travelling VR adventure Wanderer: The Fragments of Fate delayed until fall
MIXED-NEWS.com
Join our community
Join the DECODER community on Discord, Reddit or Twitter - we can't wait to meet you.
