Jensen Huang, CEO of Nvidia Corporation (NASDAQ:NVDA), stated that the company’s investment approach is to back a wide array of tech firms, rather than just a select few.
While speaking on the “Dwarkesh” podcast, aired on Wednesday, Huang clarified, “There are so many great, amazing foundation model companies, and we try to invest in all of them. We don’t pick winners. We need to support everyone.”
Huang cited two reasons for this strategy. First, he believes it’s not Nvidia’s job to pick winners. Second, he referred to the company’s own history as a guiding lesson.
The CEO reminisced that Nvidia was once an unlikely survivor among 60 D graphics companies and wasn’t expected to succeed. “Nvidia would be at the top of that list not to make it,” Huang said.
He recollected that the company’s graphics architecture didn’t seem promising back …
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