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579 Why Nvidia Keeps Backing Would-Be Competitors to OpenAI

The Information
Stephanie Palazzolo @ The Information · today 10:36 EDT

Why Nvidia Keeps Backing Would-Be Competitors to OpenAI

As we wrote in this story on Tuesday, investors are rushing to back a new crop of research-focused AI labs (dubbed neolabs) hoping to outflank OpenAI and Anthropic. One investor, in particular, is driving most of these new startups: Nvidia.In Reflection AI’s October fundraising, for instance, Nvidia contributed $800 million out of the $2 billion round, making it by far the largest investor in the round (despite the fact that it shied away from the title of lead investor). More recently, Nvidia told AI start

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