NVIDIA is throwing $1 billion at AI startups for 2024

According to a report in the Financial Times of the United Kingdom on January 1.NvidiaIn the year 2024 just passed toAIThe startup invested 1 billion dollars(Note: Currently around RMB 7.316 billion), a key supporter of the AI revolution that is being driven by its chip technology.

NVIDIA is throwing $1 billion at AI startups for 2024

The semiconductor giant's market capitalization surpassed $3 trillion last June on the back of strong demand for NVIDIA's high-performance GPUs, and since then the company has continued to pump a lot of money into some of its customers in the AI space.

According to company filings and Dealroom data, NVIDIA participated in 2024 in the 50 rounds of financing and multiple transactions, totaling $1 billion, up from 39 rounds and $872 million in 2023 (currently about Rs. 6,379 million).

Most of the investment has gone to "core AI" companies with a high demand for computing power, and some of these companies are alsoOr a customer of Nvidia's chips.

Tech companies have spent tens of billions of dollars on NVIDIA chips over the past year since the launch of ChatGPT sparked an AI investment boom. NVIDIA has ramped up its dealmaking amidst well-funded reserves and soaring demand for its GPUs, and its shares are Rising over 170% in 2024The S&P 500 Index posted its best performance in recent years.

While large customers such as Microsoft, Amazon and Google are developing their own chips to reduce their dependence, NVIDIA is still expanding its market by supporting startups and emphasizing its investment decisionsNo technical use requirements will be attached. "We win on the strength of our competition, and that has nothing to do with any investment we make."

The company's recent deals include an investment in Musk's xAI and support for industry leaders such as OpenAI, Cohere, Mistral, and Perplexity. It has also helped startups grow through its Inception incubator program and acquired several AI software companies and technology platforms.

NVIDIA's comprehensive layout in the field of AI, involving medical, transportation, data processing and humanoid robots and other fields, to further consolidate its market position and technology ecosystem. But at the same time, it is alsoFacing close scrutiny and competitive pressure from antitrust regulators.

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