Nvidia is rapidly expanding its investments in AI startups.
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September 12, 2024
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Nvidia is rapidly expanding its investments in AI startups. Since the generative AI boom exploded in 2023, Nvidia has participated in 74 funding rounds, totaling over $10.9 billion in investments. By providing capital, Nvidia encourages companies to purchase and use its GPUs, strengthening its dominance in the AI chip market. Reportedly, Nvidia has invested in 18 out of 42 generative AI unicorns globally.
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