🗣Jensen Huang admitted one of his biggest mistakes: passing early on OpenAI and Anthropic.
Nvidia saw them like normal startups that could raise VC money. But frontier AI was never a normal startup game. It requires the kind of capital usually needed for chip fabs or power grids.
OpenAI and Anthropic realized early that venture capital alone wasn’t enough. Instead, they brought in giants like Microsoft, Amazon, and Google.
That move changed everything. Microsoft’s $13B OpenAI bet is now worth far more, while Amazon and Google poured billions into Anthropic. Nvidia joined later with up to $1
Nvidia saw them like normal startups that could raise VC money. But frontier AI was never a normal startup game. It requires the kind of capital usually needed for chip fabs or power grids.
OpenAI and Anthropic realized early that venture capital alone wasn’t enough. Instead, they brought in giants like Microsoft, Amazon, and Google.
That move changed everything. Microsoft’s $13B OpenAI bet is now worth far more, while Amazon and Google poured billions into Anthropic. Nvidia joined later with up to $1