Nvidia, the company that dominates about 80% of the world market for microchips used to train and run generative AI systems like ChatGPT, made its first investment in a Spanish company by investing in the Valencia-based startup iPronics.
iPronics is an emerging company that aims to revolutionize the artificial intelligence sector through its innovative technology. Nvidia's interest in this startup demonstrates the potential that the Spanish company has in developing solutions for the AI field.
This investment represents a historic milestone, being the first time that the North American tech giant, considered the most valuable company in the world, enters the capital of a Spanish company.
The operation highlights the growing interest of major global tech companies in European startups specialized in artificial intelligence and related technologies, especially those operating in market niches with high growth potential.
