Ark Invest was a backer in the funding round of Lambda Inc., which is backed by Nvidia Corp. The founder of Lambda is connected to Google and OpenAI.

The entities involved

• Ark Invest →

  American asset management firm

  • ARK Invest is focusing its investments on consumer crypto brokerages, digital asset infrastructure, and stablecoin issuers.Thu 19:29
  • Ark Invest is tokenizing its fund using Securitize infrastructure and making ARKVX available on the Ethereum network.Thu 19:29
• Nvidia →

  American multinational technology company

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34

Related events

• Ark Invest is actively purchasing shares of Nvidia and Broadcom, betting on the ongoing AI infrastructure boom.Aug 19
• CoreWeave is establishing strategic business ties with both Meta and OpenAI, serving as a leading AI cloud customer for both, while also securing equity investment from Nvidia.Jun 10
• Ark Invest bought shares of Meta and sold shares of Google.Sep 10
• OpenAI's strategic moves, including data center plans with Nvidia and deals involving Broadcom, are driving industry shifts and financial pressure across the semiconductor sector.Jul 20
• Nvidia CEO regrets not investing more in OpenAI, while all three companies benefit from AI market growth.Aug 27