This week, Nvidia said it would invest $100 billion in OpenAI. The deal highlights how large the chipmaker's portfolio has become since the advent of generative AI in 2022.
The deal comes just a week after Nvidia pledged $5 billion to invest in its former rival Intel. Previously, the company also announced plans to invest $500 million in self-driving car startup Wayve and £500 million (about $667.7 million) in UK cloud services provider Nscale.
Investment frenzy
Improved market position
Nvidia has risen to the top of Silicon Valley by providing funding and access to its highly sought-after AI chips in exchange for equity and insights into the development direction of hot AI startups.
If the investment in OpenAI is fully completed, it will be Nvidia's largest investment ever.
Nvidia's holdings in publicly traded securities are valued at $4.33 billion, while the valuation of its non-market equity securities has risen to $3.8 billion, up from $1.8 billion a year ago.
Nvidia's investment deals have increased significantly from 2022 to 2025.
Investment layout
Strategic Investment Cases
Most companies in Nvidia's portfolio have strategic ties to its business, developing technologies complementary to Nvidia chips, renting its chips, or using them for AI, enterprise software, or robotics.
Investments span a wide range of sectors, from chips and biotech to robotics and autonomous vehicles, including investments in Open AI, Mistral AI, Cohere, Runway, and Safe Superintelligence.
These investments have yielded returns: for example, Scale AI secured a substantial deal with Meta; it secured a stake in CoreWeave and a significant order; and it participated in funding rounds for "new cloud" providers like Lambda Labs.
Investments also extend into cutting-edge fields like quantum computing, including its participation in PsiQuantum's funding round and its funding of Quantinuum.
Source: Content compiled from CNBC
