Nvidia's Dominance in AI Investments: A Closer Look at Startup Funding

Nvidia's Dominance in AI Investments: A Closer Look at Startup Funding
Nvidia has emerged as a leader in AI investments, participating in 49 funding rounds in 2024 alone, up from 34 in the previous year. This surge reflects its strategy to foster the AI ecosystem by backing startups deemed as 'game changers.' Notable investments include $100 million in OpenAI and significant rounds for xAI and Inflection. Compared to competitors like Alphabet and Microsoft, Nvidia has been the most active investor in AI startups over the past two years. Its venture capital arm NVentures has also ramped up, engaging in 24 deals in 2024.