07:07 AM EST, 01/02/2025 (MT Newswires) -- Nvidia ( NVDA ) invested an aggregate of $1 billion in artificial intelligence companies last year that ranged across 50 start-up funding rounds and numerous corporate agreements, the Financial Times reported Wednesday, citing filings and Dealroom research.

In 2023, Nvidia ( NVDA ) spent a total of $872 million across 39 start-up rounds, the news outlet said.

The semiconductor giant signed more deals than Microsoft (MSFT) and Amazon.com (AMZN) in 2024, although Alphabet's (GOOG, GOOGL) Google was far ahead, the report quoted Dealroom.

Nvidia ( NVDA ) collectively made more acquisitions last year than the prior four years combined, the FT said, citing Dealroom.

Nvidia ( NVDA ) did not immediately respond to MT Newswires' request for comment.

Shares of Nvidia ( NVDA ) were up 1.8% in recent Thursday premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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