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N Nvidia didn't move quickly enough to back foundational AI labs like Anthropic.
Jensen Huang admitted Nvidia was slow to invest directly in foundational AI labs like Anthropic.
KEY POINTS
- 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
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