NVIDIA (NVDA) Invests $150 million in Baseten

NVIDIA Corporation (NASDAQ:NVDA) is one of the Best Quantum Computing Stocks to Buy for 2026. On January 20, WSJ reported that the company is investing $150 million in Baseten, a startup that specializes in AI inference. Baseten has raised $300 million at a $5 billion valuation. This deal demonstrates NVIDIA Corporation (NASDAQ:NVDA)’s aggressive push into startups that are focused on inference amid the industry’s shift from training models to powering them at scale, noted WSJ.

NVIDIA Corporation (NASDAQ:NVDA) paid $20 billion in December to license the AI-inference technology from startup chip designer Groq. This deal reflected its hunger for cutting-edge chips, which can help speed up the model responses. Notably, Baseten is also engaged in providing support for NVIDIA Corporation (NASDAQ:NVDA)’s Nemotron 3 Nano, a high-accuracy and high-efficiency open AI model.

In a separate update, on January 12, NVIDIA Corporation (NASDAQ:NVDA) and Eli Lilly and Company announced a first-of-its-kind AI co-innovation lab, which is focused on applying AI to tackle some of the most enduring challenges in the broader pharmaceutical industry. The two companies plan to invest up to $1 billion in talent, infrastructure, and compute over 5 years to help the new AI co-innovation lab.

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Disclosure: None. This article is originally published at Insider Monkey.