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Nvidia's AI empire: A look at its top startup investments | TechCrunch

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Nvidia ramped up its venture capital activity in 2024 , participating in 49 funding rounds for AI companies.

Nvidia has stated that the goal of its corporate investing is to expand the AI ecosystem by backing startups it considers to be “game changers and market makers” Nvidia participated in the $6 billion round of Elon Musk’s xAI .

The chipmaker first invested in Perplexity in November of 2023 and has participated in every subsequent round of the AI search engine startup.

In October , the AI coding assistant startup Poolside announced it raised $500 million led by Bain Capital Ventures .

CoreWeave ’s valuation has jumped from about $2 billion to $19 billion .