Nvidia invests heavily in AI startups, expanding significantly

Nvidia has significantly increased its investments in AI startups, participating in 49 funding rounds in 2024, up from 34 in 2023. This marks a sharp rise compared to just 38 deals over the previous four years combined. The company has invested in notable startups, including $100 million in OpenAI and $6 billion in Elon Musk's xAI. Nvidia's venture capital activities have expanded, with its NVentures fund also increasing its investments from 2 deals in 2022 to 24 in 2024. In 2025, Nvidia has already joined seven funding rounds. Its goal is to support startups it views as transformative in the AI sector, further solidifying its position in the growing AI ecosystem.