Meet The Artificial Intelligence (AI) Company That Nvidia Is Investing In
In the world of artificial intelligence (AI) investments, few would debate that Nvidia is at the top of the world. But what many investors don't know is that Nvidia is an investor itself.
Because Nvidia has investments totaling at least $100 million, it must disclose those holdings to the Securities and Exchange Commission (SEC) in a 13F filing, reported quarterly. Its latest report included five companies, but one I am most interested in is SoundHound AI (NASDAQ: SOUN).
For Nvidia to invest in a particular AI player is a big deal, as innovators throughout the industry rely on its sophisticated chips. This means the company likely has more information than the average person on SoundHound's prowess, which investors should note.
Source Fool.com
