Nvidia has already committed $40B to equity AI deals this year
Nvidia has invested over $40 billion in AI companies this year, including a $30 billion investment in OpenAI and significant stakes in public companies like Corning and IREN. These investments, alongside numerous startup deals, have drawn criticism for being "circular" but could strengthen Nvidia's competitive position.
Nvidia has committed over $40 billion to equity investments in AI companies in the early months of this year, according to CNBC. A significant portion of this investment, $30 billion, was directed towards OpenAI. The chipmaker has also announced seven multi-billion dollar investments in publicly traded companies. This includes deals to invest up to $3.2 billion in glassmaker Corning and up to $2.1 billion in data center operator IREN.
Nvidia has been actively investing in AI startups, with 67 venture deals in 2025. This year, the company has already participated in approximately two dozen investment rounds in private startups, according to FactSet data.
These investments have drawn recurring criticism for being "circular deals," as Nvidia is investing in some of its own customers, suggesting money is moving between the same entities. Wedbush Securities analyst Matthew Bryson acknowledged this "circular investment theme."
However, Bryson also suggested that if these investments prove successful, they could help Nvidia build a "competitive moat," strengthening its position in the rapidly evolving AI landscape.
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