Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more.
Nvidia‘s obsession with artificial intelligence is growing. The maker of graphics and AI chips has invested in six new startups in three countries over the past year.
Nvidia is disclosing them in advance of its GPU Technology conference in San Jose, Calif., on May 8-May 11. Jeff Herbst, vice president of business development at Nvidia, said in a blog post that the company will provide technical guidance, joint marketing help, strategic direction, and other aid. Nvidia made the investments through its GPU Ventures program.
The companies include:
Abeja – Tokyo-based startup focused on AI-powered retail analytics systems.
Datalogue – New York AI data-mining platform developed out of Cornell University.
Optimus Ride – MIT spinoff developing fully autonomous vehicles.
SoundHound – Silicon Valley startup building voice-enabled AI solutions.
TempoQuest — Boulder, Colo.-based startup doing GPU-accelerated weather forecasting.
Zebra Medical – Israeli-based startup using AI to read medical images.
As previously announced, Nvidia also made its third investment in MapD, which uses GPUs to query massive databases. Plus, Nvidia will announce at GTC yet another AI startup investment.
Nvidia’s Inception Program now includes more than 1,300 AI startups from around the world. The company invited 14 of them to pitch in a competition last week. The winners will get a total of $1.5 million at an awards gala at GTC on May 10th. The amount of money invested in each startup was not disclosed.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform
- networking features, and more