NVDA is an Active Venture Capitalist

Did you know that in addition to investments in public companies like $Recursion Pharmaceuticals(RXRX.US)$ , $Arm Holdings(ARM.US)$ , $Nano X Imaging(NNOX.US)$ , $TuSimple(TSPH.US)$ , $SoundHound AI(SOUN.US)$ , $Serve Robotics(SERV.US)$ , Nvidia also has been actively investing in many private AI startups?

I did some digging, and with the help of ChatGPT, found some interesting results. Here is a summary of some private venture companies that NVDA has invested in:

Enfabrica: This startup makes high performance AI hardware that goes into the data centres.

Mistral.ai: This startup builds LLM's for F500 enterprise businesses.

Imbue: This Series B startup builds GenAI agents

AI21: This Series C startup builds Task specific GenAI products

Hugging Face: This startup provides GitHub-like AI model repository services

Adept AI: This Series B startup builds AI agents and tools for F500 enterprise businesses

Cohere: This is an OpenAi competitor

Skydio: This is a drone manufacturer

All of this to say that NVDA is not relying solely on revenue from selling AI chips and hardware, they are also generating revenue from venture capital investments, similar to Google Ventures, but the main difference being that NVDA's venture capital activities are not spun off into a separate wholly owned subsidiary