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September 12, 2024 2:53 PM
Nvidia is rapidly increasing its investments in AI startups, with a focus on generative AI innovations. Since the generative AI boom in 2023, Nvidia has participated in 74 financings, investing over $10.9 billion to solidify its position as a leader in AI chip technology.
Nvidia's strategic investments aim to encourage AI startups to purchase and utilize its GPUs, thereby consolidating its dominance in the AI chip market. The company has reportedly invested in 18 of the world's 42 generative AI unicorns, showcasing its commitment to fostering AI innovation and growth.
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