Story
Nvidia in Talks to Invest $2.5 Billion in AI Startup Founded by Mira Murati
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 on Thursday.
The Potential Deal
The report, which cited people familiar with the matter, stated that the potential investment is part of a larger fundraising effort by Thinking Machines Lab. The startup is seeking to raise at least $1 billion in a round that would value the company at around $40 billion.
These negotiations are ongoing, and sources indicated that a final agreement is not guaranteed.
Expanding an Existing Partnership
This potential investment would significantly deepen an existing relationship between the two companies. In March, Nvidia announced a partnership with Thinking Machines Lab that included an initial equity investment.
AdAs part of that earlier agreement, Nvidia also committed to providing the startup with at least one gigawatt of its next-generation AI systems, underscoring its strategic support for the fledgling company.
Nvidia's Broader AI Strategy
The move aligns with Nvidia's broader strategy of investing across the AI ecosystem to support and expand the market for its advanced chips. Amid soaring demand for its AI processors, the company has become a prolific venture investor.
According to a report from TechCrunch, Nvidia has invested in more than 100 AI startups over the past two years, cementing its position not just as a hardware supplier but as a key financial backer for the next wave of AI innovation.
Read next
More on Stocks
FTC Orders Walmart, Uber, Delta to Disclose Data on Personalized Pricing
The U.S. Federal Trade Commission is demanding nine major companies, including leading retail, travel, and gig economy firms, to provide information on how they use consumer data for setting individual prices and wages.
Google Launches Gemini 4 Carbon AI Model to Bolster Cybersecurity Capabilities
Alphabet's Google has unveiled Gemini 4 Carbon, its latest AI model specifically designed for advanced cybersecurity tasks like vulnerability detection and secure code generation. The launch escalates competition with rivals OpenAI and Anthropic in the enterprise AI market.
Oracle Shares Surge After Unveiling $225 Billion Revenue Target for 2030
Oracle stock rose sharply after the company presented a long-term financial outlook targeting at least $225 billion in annual revenue by fiscal 2030, driven by its expanding AI infrastructure business.
DOJ Scrutinizes Nvidia's $12.9B Hugging Face Deal Amid Broader Antitrust Probe, Sources Say
The U.S. Department of Justice is reportedly examining Nvidia's planned $12.93 billion acquisition of AI platform Hugging Face as part of a wider, ongoing antitrust investigation into the chipmaker's market conduct.