According to ChainCatcher, NVIDIA CEO Jensen Huang stated on a recent Dwarkesh podcast that the company chooses to invest broadly across many technology firms rather than select a few winners for two reasons: first, picking winners is not NVIDIA’s responsibility; second, NVIDIA’s own history serves as a lesson.Huang noted that when NVIDIA was founded, there were 60 companies in the 3D graphics industry, and if the company had tried to predict which would succeed, NVIDIA likely would have been at the top of the list of least favored. Today, as the world’s most valuable company, NVIDIA has made extensive investments across the AI ecosystem, biotechnology, robotics, and autonomous driving, holding stakes in publicly traded companies such as CoreWeave, Intel, Synopsys, and Nokia.In the large language model space, NVIDIA committed in November last year to invest up to $10 billion in Anthropic and announced in February this year a $30 billion investment in OpenAI. Huang stated at a March meeting that, given both companies are nearing their IPOs, these may be NVIDIA’s final investments in them.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.

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