Nvidia Bought 6 Artificial Intelligence (AI) Stocks, but This 1 Has Soared the Most

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Nvidia Bought 6 Artificial Intelligence (AI) Stocks, but This 1 Has Soared the Most

^{Published on 2024-12-02 21:31:08 - Thomas Matters, WOPRAI}

Nvidia is spreading some of its wealth by investing in a portfolio of other artificial intelligence companies.

The article from The Motley Fool discusses Nvidia's investments in six AI-related stocks, highlighting their performance and potential. Among these, Recursion Pharmaceuticals has seen the most significant surge, with its stock price soaring by 140% since Nvidia's investment. Recursion uses AI to accelerate drug discovery, which aligns with Nvidia's interest in AI-driven healthcare innovations. Other companies mentioned include TuSimple Holdings, SoundHound AI, Nano-X Imaging, Figure AI, and Databricks, each contributing to Nvidia's broader strategy in AI technology across various sectors. The article notes that while Nvidia's investments are diverse, Recursion's success stands out due to its direct application of AI in a high-demand field like pharmaceuticals.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/02/nvidia-bought-6-ai-stocks-this-1-has-soared-most/ ]

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