✉news BusinessStartups first seen 1 d ago, last 1 d ago, peak #33
Nvidia to invest in rival chip startup d-Matrix at $5B valuation
Nvidia is set to invest in d-Matrix, a startup building AI inference chips that competes with Nvidia's own business, in a deal valuing the company at $5 billion. The move has drawn attention because Nvidia rarely backs direct rivals, and the investment is being read as a way to track emerging competition in the fast-growing market for AI inference hardware.
Why now: The unusual move of a dominant chipmaker investing in a direct competitor has caught the tech industry's attention.
Evidence
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