Nvidia has capitalized on the AI boom significantly since the launch of ChatGPT over two years ago, witnessing a surge in revenue and stock price. In 2024, the company ramped up its venture capital efforts, participating in 49 funding rounds for AI startups, a substantial increase from 34 in 2023 and 38 across the prior four years. Nvidia’s corporate VC fund, NVentures, also grew its investments, engaging in 24 deals in 2024 compared to just two in 2022. Nvidia aims to enhance the AI ecosystem by backing startups deemed transformative. Notable investments include $100 million in OpenAI during a $6.6 billion round, $6 billion in Elon Musk’s xAI, and significant funding for companies like Inflection, Wayve, and Scale AI. The firm continues to explore new ventures, having participated in seven rounds in 2025 already, reflecting its commitment to driving forward the AI industry.
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Exploring Nvidia’s AI Empire: Spotlight on Its Leading Startup Investments

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