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No company has capitalized on the AI revolution more dramatically than Nvidia . Its revenue , profitableness , and cash second-stringer have skyrocketed since the founding of ChatGPT over two days ago — and the many competitive generative AI services that have launch since . And its breed price soar .
During that period , the world ’s lead gamy - carrying out GPU maker has used its ballooning fortunes to importantly increase investment in all sorts of inauguration but peculiarly in AI startups .
The chip giant rage up its venture capital activeness in 2024 , participating in 49 funding rounds for AI companies , a needlelike step-up from 34 in 2023 , according to PitchBook data . It ’s a striking surge in investiture compared to the previous four year combined , during which Nvidia fund only 38 AI deals . mark that these investment exclude those made by its formal corporate VC fund , NVentures , which also importantly ramped up its investing in the last two year . ( PitchBook says NVentures pursue in 24 pot in 2024 , compare to just 2 in 2022 . )
In 2025 , Nvidia has already participated in seven rounds .
Nvidiahas statedthat the finish of its corporate investment is to expand the AI ecosystem by plunk for startup it considers to be “ game modifier and grocery makers . ”
Below is a listing of inauguration that raised beat transcend $ 100 million where Nvidia is a named participant since 2023 , including newfangled one it has gage so far in 2025 , coordinate from the highest amount to lowest raised in the daily round .
The billion-dollar-round club
OpenAI : Nvidia backed the ChatGPT maker for the first time in October , reportedly writing a$100 million checktoward a colossal $ 6.6 billion rhythm that valued the party at $ 157 billion . The chipmaker ’s investment was dwarfed by OpenAI ’s other backers , notably Thrive , which according to the New York Times vest $ 1.3 billion .
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xAI : Nvidia participate in the $ 6 billion turn of Elon Musk ’s xAI . The deal revealed that not all of OpenAI ’s investorsfollowed its requestto refrain from punt any of its direct contender . After investing in the ChatGPT Creator in October , Nvidia unite xAI ’s cap tablea few month later .
inflexion : One of Nvidia ’s first substantial AI investments also had one of the most strange outcomes . In June 2023 , Nvidia was one of several lead investors in Inflection’s$1.3 billionround , a company founded by Mustafa Suleyman , who earlier founded DeepMind . Less than a year later , Microsoft hired Inflection AI ’s founders , pay $ 620 millionfor a non - exclusive engineering licence , leaving the company with a importantly diminished workforce and a less defined hereafter .
Wayve : In May , Nvidia take part in a$1.05 billion roundfor the U.K.-based inauguration , which is developing a ego - learning system for self-governing driving . The company is essay its vehicle in the U.K. and the San Francisco Bay Area .
Scale AI : In May 2024 , Nvidia joined Accel and other tech giants Amazon and Meta to invest$1 billionin Scale AI , which provides data - labeling services to companies for take aim AI models . The beat valued the San Francisco - establish company at nearly $ 14 billion .
The many-hundreds-of-millions-of-dollars club
Crusoe : A startup building data centersreportedlyto be take to Oracle , Microsoft , and OpenAIraised $ 686 millionin late November , accord to an SEC filing . The investment was led by Founders Fund , and the farsighted list of other investor included Nvidia .
Figure AI : In February 2024,AI robotics startup Figure raiseda $ 675 millionSeries group B from Nvidia , OpenAI Startup Fund , Microsoft , and others . The round valued the company at $ 2.6 billion .
Mistral AI : Nvidia invested in Mistral for the second prison term when the French - found large language model developer raised a $ 640 million Series B at a$6 billion valuationin June .
Lambda : AI cloud supplier Lambda , which provides services for model education , elevate a$480 million Series Dat a reported$2.5 billion valuationin February . The round was co - contribute by SGW and Andra Capital Lambda , and connect by Nvidia , ARK Invest , and others . A pregnant part of Lambda ’s business involves renting servers powered by Nvidia ’s GPUs .
Cohere : In June , Nvidia invested in Cohere’s$500 million round , a turgid language manakin supplier serving enterprise . The chipmaker first indorse the Toronto - based startup in 2023 .
Perplexity : Nvidia first invested in Perplexity in November of 2023 and has participated in every subsequent round of the AI search railway locomotive startup , including the$500 millionround in December , which value the party at $ 9 billion , according to PitchBook data .
Poolside : In October , theAIcoding assistant startup Poolside announced it raised$500 millionled by Bain Capital Ventures . Nvidia participated in the round , which valuate the AI startup at $ 3 billion .
CoreWeave : Nvidia invested in the AI cloud computing provider in April 2023 , when CoreWeave raised$221 millionin financial backing . Since then , CoreWeave ’s evaluation has jumped from about $ 2 billion to$19 billion , and the company hasfiled for an IPO . CoreWeave appropriate its customers to rent Nvidia GPUs on an hourly cornerstone .
Together AI : In February , Nvidia participated in the$305 million Series Bof this company , which offers cloud - based infrastructure for establish AI models . The rung valued Together AI at $ 3.3 billion and was co - extend by Prosperity7 , a Saudi-Arabian Arabian venture firm , and General Catalyst . Nvidia backed the companyfor the first timein 2023 .
Sakana AI : In September , Nvidia commit intheJapan - based inauguration , which trains low - toll generative AI manikin using small datasets . The inauguration raised a massiveSeries A round of about $ 214 millionat a valuation of $ 1.5 billion .
Imbue : The AI inquiry lab thatclaims to be developing AI system that can cause and code nurture a$200 million roundin September 2023 from investors , admit Nvidia , Astera Institute , and former Cruise CEO Kyle Vogt .
Waabi : In June , the self-governing truckage inauguration produce a$200 million Series Bround co - lead by existing investor Uber and Khosla Ventures . Other investors included Nvidia , Volvo Group Venture Capital , and Porsche Automobil Holding SE .
Deals of over a $100 million
Ayar Labs : In December , Nvidia invested in the$155 million roundof Ayar Labs , acompany developing optical interconnects to improve AI compute and power efficiency . This was the third metre Nvidia backed the startup .
Kore.ai : The startup develop enterprise - pore AI chatbots raised$150 millionin December of 2023 . In addition to Nvidia , investor participate in the funding included FTV Capital , Vistara Growth , and Sweetwater Private Equity .
Hippocratic AI : This inauguration , which is develop large language poser for health care , announce in January that it raised a$141 million Series Bat a evaluation of $ 1.64 billion led by Kleiner Perkins . Nvidia participated in the round of golf , along with returning investors Andreessen Horowitz , General Catalyst , and others . The company claims that its AI solution can handle non - diagnostic patient - facing tasks such as pre - operating subprogram , remote affected role monitoring , and appointment homework .
Weka : In May , Nvidia invested in a$140 millionround for AI - native data direction platform Weka . The round valued the Silicon Valley company at $ 1.6 billion .
Runway : In June of 2023 , Runway , a startup construction procreative AI puppet for multimedia content Creator , raised a$141 million Series Cextension from investors , including Nvidia , Google , and Salesforce .
Bright Machines : In June 2024 , Nvidia enter in a$126 million Series Cof Bright Machines , a smart robotics and AI - drive software program startup .
Enfabrica : In September 2023 , Nvidia invested in networking chips graphic designer Enfabrica’s$125 million Series B. Although the startup raised another $ 115 million in November , Nvidia did n’t take part in the round of drinks .
