Nvidia invests $147.3 million in Arm Holdings, fueling AI growth and development in various industries.

Nvidia, a major player in the AI industry, has reported stakes in Arm Holdings, SoundHound AI, and biotech company Recursion Pharmaceuticals. This disclosure has caused shares of these companies to rise, particularly in Arm Holdings, in which Nvidia invested $147.3 million. Nvidia's investment strategy highlights its commitment to supporting AI growth and development across various industries.

February 15, 2024
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