Nvidia invests $3.5B in MediaTek to extend its grip on AI
Nvidia continues to commit major dollars to AI companies, this time investing $3.5 billion in chipmaker MediaTek in return for licensing Nvidia technology. Nvidia will purchase $3.5 billion of convertible bonds issued by chipmaker MediaTek, and in return MediaTek will adopt Nvidia’s NVLink Fusion technology, allowing customers to develop customized AI accelerators that can connect directly to N…