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ConfirmedMarkets & deals09 Nov, 08:00 UTC

Nvidia invests in Korean interconnect startup Point2 and plans stakes in Upstage, Motif and RLWRLD

NVIDIA and Korea's science ministry at the MSIT-NVIDIA AI Startup Partnership Forum at COEX in Seoul
NVIDIA

Nvidia announced the deals at a forum it co-hosted with Korea's science ministry in Seoul; amounts and stake sizes were not disclosed.

Read at NVIDIA Blog Share

Why it matters

The investments span the stack: Point2 builds radio-frequency interconnects for AI clusters, Motif Technologies makes open-weight foundation models including Motif-3, RLWRLD builds robotics foundation models for five-finger dexterity, and Upstage makes Solar language models. Upstage told Korean press Nvidia will join its ongoing Series C second round, after Amazon and AMD. The deals come the same day as Nvidia's Korea AI Day and its NVLink Fusion work with SK Telecom and Rebellions. Watch for disclosed amounts and closing dates.

Key facts

  • Investment announced in Point2 (AI interconnects)
  • Planned investments: Motif Technologies, RLWRLD, Upstage
  • Announced at MSIT-NVIDIA AI Startup Partnership Forum, COEX
  • More than 20 Korean startups attended
  • Over 1,000 Korea-based NVIDIA Inception members
  • Amounts not disclosed

Sources

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