How NVIDIA Fuels the AI Revolution With Investments in Game Changers and Market Makers (2024)

Great providers prosper on stories. Sid Siddeek, who operates NVIDIA’s venture capital arm, is aware of this very well.

Siddeek continue to remembers a person of his initially careers, schlepping presentation supplies from 1 investor meeting to another, aiding the startup’s CEO and administration crew get the story out when operating from a trailer that “shook when the doorway opened,” he mentioned.

That CEO was Jensen Huang. The startup was NVIDIA.

Siddeek, who has worked as an investor and an entrepreneur, understands how crucial it is to find the correct men and women to share your company’s tale with early on, no matter whether they’re customers or partners, workers or traders.

It is this very basic principle that underpins NVIDIA’s multifaceted solution to investing in the next wave of innovation, a technique also championed by Vishal Bhagwati, who qualified prospects NVIDIA’s corporate enhancement endeavours.

It’s an effort that’s resulted in much more than two dozen investments so far this 12 months, accelerating as the rate of innovation in AI and accelerated computing quickens.

NVIDIA’s Three-Pronged Strategy to Support the AI Ecosystem

There are three means that NVIDIA invests in the ecosystem, driving the transformation unleashed by accelerated computing. Initially, by way of NVIDIA’s corporate investments, overseen by Bhagwati. 2nd, by way of NVentures, our venture cash arm, led by Siddeek. And ultimately, as a result of NVIDIA Inception, our auto for supporting startups and connecting them to venture capital.

There could not be a improved time to help companies harnessing NVIDIA technologies. AI on your own could lead additional than $15 trillion to the worldwide economic climate by 2030, in accordance to PwC.

And if you’re operating in AI and accelerated computing correct now, NVIDIA stands all set to assist. Developers throughout each field in each individual place are developing accelerated computing purposes. And they’re just finding going.

The outcome is a collection of firms that are advancing the story of AI each individual day. They include things like Cohere, CoreWeave, Hugging Encounter, Inflection, Inceptive and a lot of a lot more. And we’re suitable along with them.

“Partnering with NVIDIA is a video game-changer,” said Ed Mehr, CEO of Machina Labs. “Their unmatched experience will supercharge our AI and simulation abilities.”

Corporate Investments: Rising Our Ecosystem

NVIDIA’s corporate investments arm focuses on strategic collaborations. These partnerships stimulate joint innovation, boost the NVIDIA system and increase the ecosystem. Due to the fact the starting of 2023, announcements have been designed about 14 investments.

These target companies consist of Ayar Labs, specializing in chip-to-chip optical connectivity, and Hugging Experience, a hub for state-of-the-art AI designs.

The portfolio also includes next-technology company options. Databricks provides an business-primary knowledge system for machine discovering, although Cohere delivers business automation via AI. Other noteworthy corporations are Recursion, Kore.ai and Utilidata, every contributing distinctive methods in drug discovery, conversational AI and intelligent electrical power grids, respectively.

Purchaser services are yet another expense concentration. Inflection is crafting a particular AI for creative expression, though Runway serves as a platform for art and creativeness through generative AI.

The expenditure tactic extends to autonomous equipment. Ready Robotics is building an functioning technique for industrial robotics, and Skydio builds autonomous drones.

NVIDIA’s most recent investments are in cloud provider providers like CoreWeave. These platforms cater to a assorted clientele, from startups to Fortune 500 corporations in search of to develop following-era AI expert services.

NVentures: Investing Together with Business people

By way of NVentures, we assistance innovators who are deeply related to NVIDIA. We aim to generate robust monetary returns and extend the ecosystem by funding organizations that use our platforms across a vast selection of industries.

To date, NVentures has made 19 investments in companies in healthcare, production and other vital verticals. Some illustrations of our portfolio firms consist of:

  • Genesis Therapeutics, Inceptive, Terray, Charm, Evozyne, Generate, Superluminal: revolutionizing drug discovery
  • Machina Labs, Seurat Technologies: disrupting industrial processes to enhance production
  • PassiveLogic: automating creating units with AI
  • MindsDB: for builders that require to link organization knowledge to AI
  • Moon Surgical: bettering laparoscopic surgical procedures with AI
  • Twelve Labs: developing multimodal foundation versions for video clip knowledge
  • Flywheel: accelerating medical imaging facts enhancement
  • Luma AI: developers of visual and multimodal types
  • Outrider: automating logistics hub procedure
  • Synthesia: AI Video for the business
  • Replicate: developer platform for open-supply and tailor made types

All these corporations are setting up on do the job becoming performed within and outdoors NVIDIA.

“NVentures has a community, not just in just NVIDIA, but during the industry, to make sure we have obtain to the ideal engineering and the very best people to make all the different modules that have to occur collectively to define the distribution and supply chain of the long term,” explained Andrew Smith, CEO of Outrider.

NVIDIA Inception: Supporting Startups and Connecting Them to Investors

In addition, we’re continuing to aid startups with NVIDIA Inception. Introduced in 2016, this absolutely free global application provides technological know-how and marketing and advertising assistance to in excess of 17,000 startups across a number of industries and about 125 countries.

And, as section of Inception, we’re partnering with venture capitalists by our VC Alliance, a program that gives advantages to our valued network of enterprise funds companies, including connecting startups with probable buyers.

Partnering With Innovators in Just about every Market

What ever our partnership, no matter if as a associate or investor, we can supply firms distinctive varieties of aid.

NVIDIA has the technologies. NVIDIA has the richest established of libraries and the deepest being familiar with of the frameworks desired to optimize coaching and inference pipelines.

We have the go-to-industry techniques. NVIDIA has large subject sales, solution architect and developer relations businesses with a long monitor document of operating with the most progressive startups and the major corporations in the earth.

We know how to develop. We have folks all over our group who are acknowledged leaders in their respective fields and can supply expert tips to companies of all measurements and industries.

“Partnering with NVIDIA was an straightforward alternative,” stated Victor Riparbelli, cofounder and CEO of Synthesia. “We use their hardware, benefit from their AI skills and get useful insights, letting us to construct greater items more quickly.”

Accelerating the Biggest Breakthroughs of Our Time

In switch, these investments increase our R&D in the computer software, systems and semiconductors undergirding this ecosystem.

With NVIDIA’s systems poised to accelerate the perform of scientists and researchers, business people, startups and Fortune 500 organizations, discovering means to guidance companies that rely on our technologies— with engineering sources, internet marketing aid and money — is a lot more vital than ever.

How NVIDIA Fuels the AI Revolution With Investments in Game Changers and Market Makers (2024)

FAQs

What AI companies did Nvidia invest in? ›

Nvidia's 13F released on Feb. 14 revealed that the chipmaker held stock in SoundHoundAI as well as other AI-focused companies including Arm (ARM), Nanox Imaging (NNOX), and Recursion Pharmaceuticals (RXRX) as of Dec. 31, 2023. 1 Those stocks have also climbed since Nvidia reported its investments in the companies.

What is Nvidia doing with generative AI? ›

NVIDIA AI is the world's most advanced platform for generative AI and is relied on by organizations at the forefront of innovation. Designed for the enterprise and continuously updated, the platform lets you confidently deploy generative AI applications into production, at scale, anywhere.

Who is Nvidia's biggest rival? ›

Nvidia has identified Chinese tech company Huawei as one of its top competitors in various categories such as chip production, AI and cloud services.

What does Nvidia do for AI? ›

Drive breakthrough AI inference performance. NVIDIA offers performance, efficiency, and responsiveness critical to powering the next generation of AI inference—in the cloud, in the data center, at the network edge, and in embedded devices.

Will Nvidia dominate AI? ›

So, even if other big tech players continue their chip development efforts, Nvidia is likely to remain the top AI chip player for quite some time. Japanese investment bank Mizuho estimates that Nvidia could sell $280 billion worth of AI chips in 2027 as it projects the overall market hitting $400 billion.

Is Nvidia the leader in AI? ›

Nvidia's well-timed shift from gaming and graphics GPUs to making high-powered H100 AI chips has allowed the company to dominate the industry.

Does Nvidia make chips for AI? ›

A Massive Superchip

For the highest AI performance, GB200-powered systems can be connected with the NVIDIA Quantum-X800 InfiniBand and Spectrum™-X800 Ethernet platforms, also announced today, which deliver advanced networking at speeds up to 800Gb/s.

Is OpenAI powered by Nvidia? ›

OpenAI is now among the biggest consumers of Nvidia servers clusters on the planet, and the performance of its Infiniband equipment apparently has been unreliable at times, prompting the startup to move away from it.

Does Google AI use Nvidia? ›

To continue bringing AI breakthroughs to its products and developers, Google announced its adoption of the new NVIDIA Grace Blackwell AI computing platform, as well as the NVIDIA DGX Cloud service on Google Cloud. Additionally, the NVIDIA H100-powered DGX™ Cloud platform is now generally available on Google Cloud.

What are Nvidia's weaknesses? ›

Weaknesses. Supply Chain Concentration: Despite its financial success, NVIDIA Corp (NASDAQ:NVDA) faces potential risks associated with its supply chain. The company's manufacturing operations are heavily concentrated in the Asia-Pacific region, relying on foundries such as TSMC and Samsung.

Who owns majority of Nvidia? ›

According to the latest TipRanks data, approximately 53.38% of Nvidia (NVDA) stock is held by retail investors. Vanguard owns the most shares of Nvidia (NVDA).

Who is Nvidia's main customer? ›

Unsurprisingly, big tech companies like Amazon, Meta Platforms, Microsoft, and Alphabet are believed to be among Nvidia's biggest customers, making up roughly 40% of its revenue. It's also clear that AI start-ups, like OpenAI, and autonomous vehicle companies, like Tesla, are significant customers of Nvidia.

Why is Nvidia so good at AI? ›

A high-performance GPU can have more than a thousand cores, so it can handle thousands of calculations at the same time. Once Nvidia realised that its accelerators were highly efficient at training AI models, it focused on optimising them for that market.

Why is Nvidia dominating AI? ›

The primary catalyst behind Nvidia's rapid business growth is incredibly strong demand for its chips and related products that accelerate the processing of artificial intelligence (AI) workloads in data centers.

Why is Nvidia better for AI? ›

While competitors have focused their efforts on chip design, Nvidia has aggressively pushed its CUDA programming interface that runs on top of its chips. That dual emphasis on software and hardware has made Nvidia chips the must-have tool for any developer looking to get into AI.

What are the top 3 AI stocks to buy now? ›

7 best-performing AI stocks
TickerCompanyPerformance (Year)
NVDANVIDIA Corp211.78%
PRCTProcept BioRobotics Corp123.99%
UPSTUpstart Holdings Inc84.67%
AVAVAeroVironment Inc.79.22%
3 more rows
6 days ago

Did Nvidia buy SoundHound AI? ›

Shares of SoundHound AI (SOUN 7.16%) have soared this year after Nvidia (NVDA 1.27%) revealed that it had bought shares in the company.

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