Nvidia to Invest in UK Firms Including Wayve, Revolut (1)

Nvidia Corp. plans to invest £2 billion ($2.7 billion) to support the UK’s artificial intelligence industry, comprising funding to startups and partnerships with venture capital firms.

Nvidia Chief Executive Officer Jensen Huang said at an event in London that he plans to back autonomous vehicle technology developers Wayve and Oxa; fintech company Revolut and AI companies PolyAI, Synthesia, Latent Labs and Basecamp Research.

The chipmaker will also work with venture capital firms Accel, Air Street Capital, Balderton Capital, Hoxton Ventures and Phoenix Court, according to an Nvidia statement Thursday.

Huang is among several high-profile ...