Nvidia Is Accelerating Its Investing Spree in AI Startups

“Clearly for Nvidia, as this stuff gets built out, they want it built out on their technology,” Bernstein analyst Stacy Rasgon said. “Once you get entrenched, it’s much more difficult for competitors to come in and take it away.”The strategy, according to Huang, is to support the broader AI ecosystem. So far, Nvidia has been the largest recipient of the massive surge in spending on AI infrastructure. For that to continue, analysts say, it needs AI adoption to take off in the broader economy, buoyed by a sle ...