Nvidia signals last investments in OpenAI and Anthropic

Nvidia CEO Jensen Huang said recent investments in OpenAI and Anthropic will likely be the company’s last in both startups. He pointed to potential IPOs as the main reason for stepping back.

Analysts suggest other factors are also in play. Some note that funding flows between Nvidia and OpenAI often cycle back through large purchases of Nvidia hardware, raising questions about the independence of that growth.

Regulatory scrutiny is another concern. Instead of increasing exposure to a few companies, Nvidia appears to be shifting toward expanding its broader AI ecosystem.

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