AI & Enterprise
Nvidia to invest an additional $18 billion this year in AI models and infrastructure
Nvidia plans to deploy $18 billion in equity investments over the remainder of its fiscal year, stepping up commitments focused on AI model developers, infrastructure financing firms and other private companies. It disclosed the commitments in its earnings report. As of late July, its holdings tied to private companies rose to $47.9 billion from $22.3 billion at the prior fiscal year-end. The company has also invested in power and land for data centers and joined efforts to raise more than $500 billion for AI infrastructure.
