Today, Nvidia announced the launch of its GPU Ventures Program aiming to identify, support and invest in early stage companies leveraging its graphics processors, in areas like video and image enhancement, scientific discovery, financial analysis and 3D interfaces.
The Santa Clara, Calif.-based chipmaker expects to invest between $500,000 to $5 million in about five startups this year and provide additional support to market, develop and even sell their products.
Prior to the GPU Ventures Program, Nvidia invested in several startups including Acceleware, Keyhole (acquired by Google for Google Earth), Mental Images (later acquired by Nvidia), MotionDSP and Right Hemisphere but didn’t have a formal structure to find, manage and nurture its investment effort.
Nvidia plans to host its second annual Emerging Companies Summit in the Fall of 2009, showcasing startups leveraging the chipmaker’s graphics and visual technologies.
Posted by TechPulse 360 
