Nvidia pumps $50B into AI labs, gets 25% of business back
nvidia invests nearly $50 billion in ai labs, expects them to drive a quarter of its business next year.
nvidia has invested nearly $50 billion in ai labs that purchase its chips. according to cfo colette kress, these labs are expected to contribute to roughly a quarter of nvidia's business next year. nvidia has also secured commitments for over $500 billion from these labs. this investment strategy highlights nvidia's approach to fostering and profiting from the ai ecosystem. the company's financial backing of these labs demonstrates its commitment to maintaining a strong presence in the ai hardware market.