Nvidia to invest in five more UK startups, Sifted reports
Nvidia plans to invest in five more UK startups working on AI drug discovery, infrastructure and quantum computing, Sifted reports, extending its European push.
According to the report, the US chip giant is widening its reach into Europe's technology sector, and the five additional British deals follow earlier investments it has made in UK startups. The companies span three areas: artificial intelligence applied to drug discovery, computing infrastructure, and quantum computing.
Sifted links the startup investments to a broader European expansion by Nvidia. The article cites a £960m investment in British AI infrastructure and a multi-year, multi-billion-dollar commitment to build AI computing capacity in Europe with partners in the European Union.
The report was published by Sifted, a publication that covers startups across Europe and distributes a weekday newsletter on the sector. It is the source for the details of the five companies, the sectors they operate in and the wider figures cited.
Nvidia has not publicly confirmed the individual deal sizes or the names of all the companies involved beyond what the report sets out.