<ul data-eligibleForWebStory="true"><li>Nvidia has capitalized on the AI revolution, leading to a surge in revenue, profitability, and cash reserves since the introduction of ChatGPT.</li><li>In 2024, Nvidia significantly increased investments in AI startups, participating in 49 funding rounds compared to 34 in 2023, according to PitchBook data.</li><li>Nvidia aims to expand the AI ecosystem by investing in startups considered 'game changers and market makers.'</li><li>Notable investments include OpenAI ($6.6 billion round), xAI ($6 billion round), Inflection ($1.3 billion round acquired by Microsoft), Wayve ($1.05 billion round for autonomous driving), and Scale AI ($1 billion round for data-labeling services).</li><li>Nvidia has also invested in startups like Crusoe, Figure AI, Mistral AI, Lambda, Cohere, Perplexity, Poolside, CoreWeave, Together AI, Sakana AI, Imbue, Waabi, Ayar Labs, Kore.ai, Sandbox AQ, Hippocratic AI, Weka, Runway, Bright Machines, and Enfabrica.</li></ul>

Nvidia’s AI empire: A look at its top startup investments

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