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Nvidia in Talks for $2.5 Billion Investment in AI Startup Thinking Machines Lab, Report Says
Nvidia Corp. (NASDAQ:NVDA) is in discussions to invest approximately $2.5 billion in Thinking Machines Lab, an artificial intelligence startup founded by former OpenAI executive Mira Murati, according to a report from The Information published Thursday.
Potential Funding Details
The AI startup is also in separate talks to raise at least $1 billion in a new funding round that would value the company at roughly $40 billion, The Information reported, citing people familiar with the matter.
The sources noted that the discussions are ongoing and are not guaranteed to result in a final agreement. A deal of this magnitude would represent one of the larger venture investments in the rapidly expanding generative AI sector.
AdStrategic AI Ecosystem Investment
This potential investment would expand upon an existing relationship between the two companies. In March, Nvidia announced a partnership with Thinking Machines Lab that included an initial investment and an agreement to supply the startup with at least 1 gigawatt of its next-generation AI systems.
The talks underscore Nvidia's broader strategy of investing across the AI landscape to fuel demand for its high-performance processors. The chipmaker has become a prolific venture investor, backing more than 100 AI startups over the past two years, according to a TechCrunch analysis. For investors, these deals signal Nvidia's efforts to secure future customers and solidify its central role in the AI hardware and software ecosystem.
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