Nvidia solidifying dominance in AI-use chips- Nikkei Asian Review

Its name may not be familiar to ordinary consumers, but U.S. chipmaker Nvidia is cementing its position as a major player in artificial intelligence applications with its graphics processing units. Highlighting its potential, a 10 trillion yen ($89.9 billion) investment fund which Japan's SoftBank Group recently set up jointly with the Saudi Arabian government and other entities has decided to buy an equity stake worth about 400 billion yen in Nvidia. An autonomous-driving Lincoln MKZ equipped with Nvidia technology gives a demonstration ride during the 2017 CES in Las Vegas, Nevada, on Jan. 5. Reuters An autonomous-driving Lincoln MKZ equipped with Nvidia technology gives a demonstration ride during the 2017 CES in Las Vegas, Nevada, on Jan. 5. Reuters Nvidia has a large presence in self-driving technology, where it has gained a dominant position. It is regarded as a likely favorite to grow into a chip industry behemoth in the medium-to-long term. The fund's acquisition plan reflects Softbank Chairman and CEO Masayoshi Son's aim to invest in companies that support growth industries at the fundamental level in a long-term perspective.