Nvidia (NVDA, Financial) invested $1 billion in AI companies last year, surpassing its total investments over the previous four years. Public records and Dealroom data reveal that Nvidia participated in 50 rounds of startup financing and various business transactions. This marked a significant increase from 2023's 39 startup financing rounds involving $872 million. Nvidia's heightened deal activity has attracted stricter anti-monopoly scrutiny from the US, Europe, and China.
The majority of Nvidia's deals were with companies focused on core AI technologies. According to Dealroom data, Nvidia led in the number of transactions last year, exceeding those by Microsoft (MSFT) and Amazon (AMZN), although Google remained an active player in the sector.
