Nvidia launches graphics chip venture fund
Nvidia on Tuesday is launching the GPU Ventures Program, an initiative to identify and invest in early stage companies that use the graphics processor for visual and high-performance computing.
Nvidia is formalizing a process that it has engaged in for a number of years, Jeff Herbst, vice president of business development at Nvidia, said in a phone interview. Herbst has been involved in strategic partnerships at Nvidia for seven and a half years. (GPU stands for graphics processing unit.)
"We're looking at companies that are building businesses around the GPU. Whether they be 3D GUIs (graphical user interfaces), … Read more