Investors Flock to Nvidia-Backed Companies Amid AI Mania

Investors Flock to Nvidia-Backed Companies Amid AI Mania

Investors are showing an insatiable appetite for anything connected to Nvidia’s artificial intelligence (AI) story. In a recent filing, Nvidia revealed its stakes in several public companies, including Arm, SoundHound AI, Recursion Pharmaceuticals, Nano-X Imaging, and TuSimple.

Following the disclosure, the shares of these Nvidia-backed companies experienced a significant surge.… Read the rest

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