https://www.thestreet.com/story/14410379/1/how-nvidia-is-pre…
As Nvidia Corp. (NVDA - Get Report) looks to extend its lead in the technology underpinning many artificial intelligence applications, the company is drawing from the playbook it used to develop a gaming GPU powerhouse.
“We’ve always had a very large number of people working with the game developer community, and actually tuning and improving the games that run on our platform,” said vice president of business development Jeff Herbst. “Now we’re doing the same thing with A.I. companies, with high performance computing companies, with auto and self-driving car companies.”
Nvidia provides startups deploying its GPUs in strategic niches with support ranging from discounts on hardware and training to publicity and capital from Nvidia’s GPU Ventures unit, which has 20 to 30 active VC investments…
NVDA is doing 2 things here.
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Facilitating the market for AI. By supporting startups, it is helping to provide tools and applications for AI which should help accelerate the growth of AI and expand its TAM.
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It is keeping close to advances so that it can make sure it keeps ahead of the competition and isn’t blindside or disrupted.
And here’s one more thing and a special note to Saul who always calls NVDA a chip company and says he’s making an exception by being invested in NVDA:
“At least half of our engineers at Nvidia work on software,” he said. “That’s something the world in general may not understand because it’s really easy to label us a chip company and put us in the chip category.”
Chris