Nvidia's $100B Bet on OpenAI and Strategic AI Voice Tech Investments
Nvidia, a leading tech company, has made significant investments in the AI sector. In 2025 and 2026, it supported OpenAI with up to $100 billion, aiming to build the world's largest AI infrastructure. Additionally, Nvidia has shown interest in AI voice technology, investing in ElevenLabs.
Nvidia's commitment to AI extends beyond OpenAI. In 2023, it participated in a $305 million Series B funding round for Together AI, a cloud-based AI model provider. The company also announced a strategic investment in ElevenLabs, a fast-rising AI voice technology startup co-founded by Mati Staniszewski. ElevenLabs specializes in advanced text-to-speech and voice cloning technologies, producing highly realistic, emotionally nuanced synthetic voices in multiple languages.
ElevenLabs has seen remarkable growth. In September 2023, it initiated a $100 million employee tender offer, doubling its valuation to $6.6 billion. Earlier, in January 2023, it raised $180 million in a Series C funding round, reaching a valuation of approximately $3.3 billion. Nvidia's investment in ElevenLabs is part of its broader UK strategy, which includes a £2 billion commitment to AI startups and up to £11 billion planned for AI factories.
Nvidia's substantial investments in OpenAI, Together AI, and ElevenLabs reflect its dedication to advancing AI applications and infrastructure. The company's plans to install an initial gigawatt of compute capacity by late 2026 through the construction of cutting-edge Nvidia-powered AI data centers further underscore its commitment to the field. Additionally, Nvidia's backing of Sakana AI, a Japanese startup developing cost-effective AI models, demonstrates its global reach and interest in diverse AI applications.
