Nvidia to take stakes in four French startups
Chipmaker Nvidia plans minority stakes in four French firms, including healthcare platform Doctolib and business planning software Pigment. CEO Jensen Huang, in Paris, also pledged $2 billion in European investments.
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What happened
Nvidia plans minority investments in four French companies: Doctolib, Entalpic, Genesis AI and Pigment, which work on healthcare, materials discovery, physical AI and business planning. Chief executive Jensen Huang, who was in Paris on Tuesday, also pledged $2 billion in European investments. The UK will receive $250 million in computing resources for research into AI agent safety and security.
Why it matters
Huang pitched open-weight AI models as a way for Europe to close its AI gap. The investments form part of a European tech commitment nearing 9 billion euros.
Timeline
- Oct 14, 3:33 AM ET: Nvidia announces planned minority investments in four French startups.
- Oct 14, 10:24 AM ET: Huang announces $2 billion in European investments and $250 million in compute for UK AI safety research.
- Oct 14, 11:29 AM ET: Huang, in Paris, describes himself as optimistic about AI risks, sovereignty and jobs while announcing French investments.
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