Nvidia, the leading chipmaker, is aggressively investing in artificial intelligence (AI) start-ups, solidifying its position in the AI market.

Nvidia, the leading chipmaker, is aggressively investing in artificial intelligence (AI) start-ups, solidifying its position in the AI market.

The company has invested in over two dozen companies in 2023, ranging from billion-dollar AI platforms to smaller start-ups focused on AI applications in healthcare and energy. 

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According to Dealroom, Nvidia participated in 35 AI-related deals in 2023, marking a substantial increase compared to the previous year.

Nvidia emerges as the most active large-scale investor in AI, surpassing major venture firms like Andreessen Horowitz and Sequoia. 1

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Mohamed Siddeek, head of Nvidia's venture arm NVentures, highlights that the company's primary criterion for investment is "relevancy," focusing on companies that heavily depend on Nvidia's technology.

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Nvidia's portfolio includes companies utilizing its GPU chips or software, showcasing a strategic alignment with its core offerings.

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The highly sought-after H100 GPU from Nvidia is making waves in Silicon Valley, particularly for its role in accelerating the training of "large language models.

Nvidia's investments total $872 million in the nine months ending October 2023, reflecting a substantial financial commitment to the AI sector.

Companies in Nvidia's portfolio include rivals to ChatGPT maker OpenAI, such as Inflection AI and Cohere, demonstrating a broad spectrum of investments.

Nvidia's most recent investment in Mistral, a Paris-based AI start-up valued at €2 billion, highlights the company's global reach in AI investment activities.