PYMNTS.com December 11, 2023
Nvidia, the world’s most valuable chipmaker, has solidified its position as a prominent investor in artificial intelligence (AI) startups this year.
The company has participated in 35 deals in 2023, marking a significant increase from the previous year and making it one of the most active investors in the AI space, the Financial Times (FT) reported Monday (Dec. 11), citing estimates by Dealroom.
Nvidia’s investments span a wide range, from major AI platforms valued in the billions of dollars to smaller startups focusing on applying AI in sectors like healthcare and energy, according to the report.
The company’s investment strategy centers around companies that use its technology and products, the report said. To facilitate this, Nvidia has established a dedicated...
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