Nvidia secured the right to invest up to $2.1 billion in data center operator IREN and up to $3.2 billion in fiber optics specialist Corning this week. The chipmaker's largest investment remains a $30 billion stake in OpenAI, alongside additional investments in Anthropic, xAI, CoreWeave, Nebius, Marvell, Lumentum, and Coherent.
Nvidia CEO Jensen Huang stated in an April podcast that the company wants to support 'all' foundation model companies rather than pick winners. Some observers identify a pattern of circular investments—particularly with so-called neoclouds (data infrastructure providers)—described as essentially pre-financing the sale of Nvidia's own GPUs.
These investments cement Nvidia's position as the industry's biggest backer of AI companies.
Ask the AI about this article →
For example, today's edition would include:
AI-summarized, only the topics you pick — one digest a day via Email, Slack, or Discord.
Free · takes 30 seconds · unsubscribe anytimeWhat is AIToday? →
Ask AI anything about this article. Q&As are published on this page for other readers too.
Pasqal, four days after listing on Nasdaq, came to SEMICON Taiwan to argue that the industry's assumption that…
A senior Lam Research executive told an industry audience this week that the next major leap in semiconductor…
Nvidia invested $3.5 billion in MediaTek, a Taiwanese chipmaker, to help customers build custom AI chips that…
Dell issued fiscal year 2027 revenue guidance about $25 billion above analyst estimates, after sales surged 58…
Semafor and Riddance AI uncovered a network of about a dozen YouTube channels using real actors with AI-genera…
Anthropic released Claude Fable 5.1 and Claude Mythos 5.1 as its new flagship models
