How Nvidia’s Investment Arm Is Supercharging A New Class Of AI Startups
- 2 months ago
The trillion-dollar chipmaker has done over two dozen deals, through its Nventures investing arm and corporate development team. Portfolio companies say the deal comes with intangibles, like access to research teams and even the company’s famous CEO.
When Terray Therapeutics, an AI biotech firm, first trained its artificial intelligence model Coati early last year, CEO Jacob Berlin thought the technology was “pretty good.” It was functional, but could be better.
That was before Nvidia, the trillion-dollar chipmaker, invested in the startup, which specializes in small-molecule drug discovery. After the investment, announced in November, Terray retrained the model entirely, armed with boosted computing resources and Nvidia’s engineering prowess. “We just saw much, much better performance,” Berlin told Forbes. “And we couldn't have gotten there without the collaboration with Nvidia and their support.”
Read the full story on Forbes: https://www.forbes.com/sites/richardnieva/2024/02/15/nvidia-nventures-ai-investments/?sh=543769096025
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When Terray Therapeutics, an AI biotech firm, first trained its artificial intelligence model Coati early last year, CEO Jacob Berlin thought the technology was “pretty good.” It was functional, but could be better.
That was before Nvidia, the trillion-dollar chipmaker, invested in the startup, which specializes in small-molecule drug discovery. After the investment, announced in November, Terray retrained the model entirely, armed with boosted computing resources and Nvidia’s engineering prowess. “We just saw much, much better performance,” Berlin told Forbes. “And we couldn't have gotten there without the collaboration with Nvidia and their support.”
Read the full story on Forbes: https://www.forbes.com/sites/richardnieva/2024/02/15/nvidia-nventures-ai-investments/?sh=543769096025
Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. Subscribe here: https://art19.com/shows/forbes-daily-briefing
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
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Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.