Nvidia(US:NVDA) 3 6 Ke·2025-10-13 12:54Core Insights - Nvidia has emerged as a dominant player in the AI industry, with a market capitalization exceeding $4.5 trillion, driven by the rise of AI technologies like ChatGPT [1][3] - The company is rapidly expanding its investment portfolio, participating in 50 venture capital deals in 2025 alone, surpassing its total of 48 deals in 2024 [3][39] Investment Strategy - Nvidia's investment strategy involves a multi-faceted approach, focusing on various AI sectors, including large model development, computational infrastructure, autonomous driving, medical AI, nuclear fusion energy, and optical chips [3][11] - The company has committed a staggering $100 billion to OpenAI for strategic collaboration, highlighting its intent to secure a significant role in AI infrastructure [6][12] Major Investments - Nvidia's investments include a $1 billion stake in OpenAI during a $6.6 billion funding round in 2024, followed by a massive $100 billion commitment for AI infrastructure development [4][6] - The company has also invested in xAI, founded by Elon Musk, despite OpenAI's opposition, indicating Nvidia's strategy to diversify its technological bets [7][11] - Nvidia has made multiple investments in Mistral AI, a European AI company, to support the continent's push for AI independence [8][11] Computational Infrastructure - Nvidia is heavily investing in computational infrastructure, with significant stakes in companies like Nscale, which is building data centers for OpenAI's Stargate project [12][14] - The company has also invested in Cruso, which builds data centers for major tech firms, creating a closed-loop system where Nvidia's GPUs are essential for both users and service providers [16][18] Energy Solutions - Nvidia is addressing the energy consumption challenges of AI by investing in Commonwealth Fusion, which is developing nuclear fusion technology for clean energy [20][22] - The company is also backing Firmus Technologies, which is transitioning from cryptocurrency mining to AI infrastructure, further solidifying its position in the energy sector [20][22] AI Applications - Nvidia's investment portfolio spans various AI applications, including autonomous driving, robotics, healthcare, and content creation, ensuring its chips are integral to these technologies [23][31] - The company has invested in Wayve, a self-learning autonomous driving system, and Figure AI, a humanoid robotics company, reflecting its commitment to long-term value in these sectors [24][29][31] Strategic Framework - Nvidia's investment strategy can be summarized in three layers: dependency on computational power, ecosystem binding across the AI value chain, and coverage of multiple application sectors [37][38] - The company's goal is to become the foundational infrastructure for the AI ecosystem, akin to how Microsoft and Google established their operating systems [38][39]