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Nvidia to Invest £2 Billion to Boost UK’s AI Startups

Nvidia Corp. plans to invest £2 billion ($2.7 billion) to support the UK’s artificial intelligence industry in partnership with several venture capital firms. The chipmaker will deploy the new capital to help “empower the UK to compete in the AI market globally” and will work with venture capital firms Accel, Air Street Capital, Balderton Capital, Hoxton Ventures and Phoenix Court, according to an Nvidia statement Thursday. Nvidia Chief Executive Officer Jensen Huang said at an event in London t...

Read more at bloomberg.com

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