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Nearly $100 billion in equity holdings is letting the chipmaker extend its reach well beyond data center chips.
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Nvidia is scouting deals in robotics, self-driving cars and AI models that run on local devices as its historic dealmaking spree continues. The chipmaker held nearly $100 billion in equity investments as of late July. Full story:Read original on X
Nvidia scouts deals in robotics, self-driving, and on-device AI
Nvidia scouts deals in robotics, self-driving, and on-device AI
Nvidia scouts deals in robotics, self-driving, and on-device AI
Nvidia scouts deals in robotics, self-driving, and on-device AI
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It raises questions about how durable AI chip demand is as AI cloud provider shares fall.
Nvidia announced its investment in the company on the same day Jensen Huang visited Kazakhstan for the first time.
Nvidia and TCV are backing an extension of its Series B round to fund global infrastructure and hiring.
The commitments come as AI cloud provider shares fall and several Nvidia-backed firms delay IPO plans.