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…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.

Subscribe Now

Log In

Read the full article here

Related posts
Investment

Is Magnificent 7 Momentum Setting Investors Up for Disappointment?

1 Mins read
The Magnificent Seven stocks have experienced remarkable earnings and free-cash-flow growth in recent years, all while developing the next generation of technological…
Investment

This fund manager stopped worrying about economics. Now he is outperforming the stock market.

4 Mins read
A change in strategy has helped transform the GoodHaven Fund from a long-term underperformer into an outperformer since the end of 2019….
Investment

After 34 years, Japan’s Nikkei 225 completes a roundtrip

2 Mins read
The Nikkei 225 — an oddly constructed index covering the top 225 Japanese companies — is back at levels not reached since…
Get The Latest News

Subscribe to get the top fintech and
finance news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *