Led by CEO Jensen Huang, Nvidia says the agreements and investments are to expand its AI ecosystem
AI chipmaker Nvidia’s stellar growth since the ChatGPT release in 2022 has shot up its market cap to $4.5 trillion. The US company shows no signs of slowing down, aggressively investing in AI startups.
Nvidia has been involved in over 50 AI-related deals in 2025 compared to 48 in 2024, according to PitchBook data. Its corporate VC fund, NVentures, is engaged in 21 business deals this year—up from just one in 2022.
Major commitments include up to $100 billion in Sam Altman’s OpenAI, $2 billion in rival Elon Musk’s xAI, and multi-billion-dollar rounds in Mistral AI, Reflection AI, Thinking Machines Lab, Figure AI, Nscale, Inflection, Wayve, and Scale AI (in which Mark Zuckerberg’s Meta holds a 49% stake).
Nvidia also recently announced a $5 billion investment in struggling chipmaker Intel, in which the US government owns a stake.
Led by CEO Jensen Huang, Nvidia says the agreements and investments are to expand its AI ecosystem—from chips to data centers, software, robotics, and fusion energy.
However, the company faces restrictions in China amid the escalating trade tensions between President Donald Trump and Chinese President Xi Jinping.
In September, Beijing blocked several major firms from purchasing or testing Nvidia’s RTX Pro 6000D chip, which was specifically designed for AI use and avoiding US export curbs.