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...