Nvidia announced this week $2 billion in new AI investments in Europe, bringing the total to approximately $10 billion over one year. In London, Jensen Huang took minority stakes in five UK startups and committed $250 million in compute over five years for AI safety research in the UK. Nvidia’s market capitalization exceeds $5 trillion, and its sovereign AI revenue tripled to over $30 billion last year. This strategy aims to reduce reliance on US hyperscalers, which still account for roughly half of Nvidia’s data center sales, and to position Nvidia as the default supplier for Europe’s sovereign AI push.
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