Nvidia Plans Investment in AI Inference Chip Startup d-Matrix
The Information reports Nvidia intends to invest in d-Matrix, an AI inference chip developer it agreed to cooperate with in July; terms were not disclosed.
Nvidia plans to invest in d-Matrix, a developer of AI inference chips, according to The Information, which cited three sources familiar with the deal. The size of the investment and its specific terms were not disclosed.
The two companies had previously announced a cooperation plan in July to combine their chips to handle different parts of AI inference tasks. That approach uses speculative decoding, with d-Matrix chips handling predictions from a small model while a large model running on Nvidia GPUs verifies the results.
In November 2025, d-Matrix raised 275 million dollars at a 2 billion dollar valuation, and reports previously said the company sought new funding at a target valuation of 5 billion dollars. It is unconfirmed whether Nvidia's investment plan is part of that funding round.
d-Matrix began production of its first chip last summer and is currently testing a second-generation chip.
Nvidia's broader investment activity
Over the past year, Nvidia has invested billions of dollars in established semiconductor firms including Intel and Marvell, pursuing ways to integrate its GPUs with their chips.
Other firms have taken similar steps: in August, Amazon proposed a data center configuration combining Nvidia GPUs with its own Trainium AI chips, and in June, AI chip startup SambaNova Systems demonstrated jointly running AI models by connecting its chips with Nvidia GPUs. In December of last year, Nvidia signed a 20 billion dollar technology licensing deal with Groq.
Quick answers
How much is Nvidia investing in d-Matrix?
The size and specific terms of the planned investment were not disclosed, according to The Information.
What is the connection between Nvidia and d-Matrix?
In July, the two companies announced a cooperation plan to combine their chips to handle different parts of AI inference tasks using speculative decoding.
Is Nvidia's investment part of d-Matrix's reported funding round?
It is unconfirmed whether the investment plan is part of the round, which was previously reported to target a 5 billion dollar valuation.