# N Nvidia didn't move quickly enough to back foundational AI labs like Anthropic.

*semiconductor · news · 2026-04-16 · Benzinga*

## Key points

- Jensen Huang admitted Nvidia was slow to invest directly in foundational AI labs like Anthropic.
- Nvidia underestimated that AI labs needed $5–10 billion scale funding, not traditional VC investments.
- Nvidia lacked the precedent and mindset to commit outside capital at that scale during early AI boom.
- Nvidia has since changed strategy, now actively investing in leading AI labs such as OpenAI and Anthropic.
- Nvidia now views direct investment in AI labs as strategically vital alongside supplying chips.

**Companies:** Nvidia, Anthropic, OpenAI

[Read the full story on Benzinga](https://www.benzinga.com/markets/tech/26/04/51856905/jensen-huang-admits-a-miss-nvidia-was-late-to-backing-ai-labs-like-anthropic)

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