Investment

Nvidia is now using its AI windfall to invest in startups, with hopes for more big bucks

1 Mins read

Nvidia Corp. will make more profit this year than the chip maker reaped collectively in its first 25 years as a public company, thanks to artificial intelligence, and its using some of those fresh billions to invest in AI startups to potentially reap an even larger windfall.

Nvidia NVDA detailed its multifaceted approach to investment in a blog post Monday morning, and discussed its approach with MarketWatch ahead of the publication. The company is investing in strategic partnerships with companies like Hugging Face, an OpenAI…

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