Nvidia becomes one of world's biggest strategic tech backers as equity investments soar to $99 billion

Nvidia reported equity investments of $99B as of July 26, up sharply versus a year earlier, as it expands financial backing across the AI ecosystem. The portfolio includes frontier AI labs and infrastructure/cloud providers such as OpenAI, CoreWeave, and Nebius. The update is a positive read-through on Nvidia’s growing AI footprint, though it is not explicitly tied to near-term earnings guidance.