Nvidia Deepens AI Investments, Reaching $40 Billion and Backing IREN

Nvidia has significantly increased its investments in artificial intelligence, with total equity bets surpassing $40 billion this year. This includes a notable $2.1 billion investment in IREN for an AI data center.

9 May, 12:00 — 9 May, 12:00

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cnbcMostly Factual92d ago

Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year

Nvidia is pouring billions of dollars at a time into companies across the AI infrastructure stack, while also signing commercial deals with them.

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Coverage Timeline

First report: Yahoo · 8 May, 11:18|Full coverage: 2 · 1d 1h|Window: 1d 1h

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Yahoo8 May, 11:18First to report

Nvidia invests up to $2.1 billion in IREN AI data center deal

1d later

cnbc9 May, 12:00Latest update

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Nvidia Deepens AI Investments, Reaching $40 Billion and Backing IREN

Sources

Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year

Coverage Timeline

Nvidia invests up to $2.1 billion in IREN AI data center deal

Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year

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