Nvidia plans $2B in European AI deals in the next week

Jensen Huang says Nvidia will announce $2B of European investments within a week, on top of $8B over the past year, and named four French startups in Paris. Nvidia committed more than $40B to AI equity in the first four months of this year alone.

Jensen Huang says Nvidia will announce $2B of European investments within a week. He was speaking in Paris on the first day of a tour that also takes in London and Berlin.

That follows $8B put into the continent over the past year, Bloomberg reported. He also announced funding for four French startups, Doctolib, Genesis AI, Pigment and Entalpic.

The sums are modest by Nvidia’s standards. The company was worth about $5.7T this month, while ASML, Europe’s most valuable listed company, stood near $700B in July.

“Europe needs to get in the race,” Huang said at the event, where he pitched open-source...

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