NVIDIA VC Arm Backs $103m Oxa Round as Billionaire Buys 1M Shares
NVentures joined a $103m first-close Series D for UK autonomous vehicle firm Oxa alongside the National Wealth Fund, IP Group, Hostplus and bp Ventures. Meanwhile, a Tesla billionaire investor acquired 1 million Nvidia shares, and CoreWeave inked a deal to deploy GB200 NVL72-powered clusters, ahead of Nvidia’s GTC event.
1. NVentures Leads $103m Series D for Oxa
NVIDIA’s venture capital arm, NVentures, joined a $103m first-close Series D funding round for UK autonomous vehicle technology firm Oxa, alongside the National Wealth Fund, IP Group, Hostplus, and bp Ventures. The capital is earmarked for expanding Oxa’s industrial mobility automation platform and accelerating AI and robotics development.
2. Tesla Investor Acquires 1M Nvidia Shares
A prominent Tesla investor acquired 1 million shares of Nvidia, indicating continued high-profile confidence in Nvidia’s leadership in AI and graphics processing. This purchase could reflect broader market optimism about future demand for Nvidia’s AI hardware and software solutions.
3. CoreWeave Deploys GB200 NVL72-Powered Clusters
Cloud specialist CoreWeave signed an agreement to deploy Nvidia’s GB200 NVL72 GPU clusters for AI inference workloads with Perplexity, aiming to scale advanced AI services. This collaboration underscores growing demand for Nvidia-powered high-performance computing in enterprise AI deployments.
4. Nvidia GTC Conference Set for March 16-19
Nvidia’s GTC conference is scheduled for March 16-19, where new products, software updates, and partnerships are expected to be unveiled. Investors will be watching closely for announcements that could signal Nvidia’s roadmap for AI accelerators and data center solutions.