Nvidia has agreed to invest $5 billion in Intel as part of a broader deal to together develop "multiple generations" of data center and PC products. Nvidia will buy Intel stock.

U.S. chip designer Nvidia has signed a letter of intent for a possible $500 million investment in the next funding round at Britain's Wayve, the autonomous driving technology group said on Thursday. The development comes after Britain and the United States signed a technology pact aimed at boosting ties in artificial intelligence and other fields.

Jensen Huang said the US needs "to make sure that that people can access this technology from all over the world".

Nvidia says it will invest $5 billion in Intel; Treasury yields rally

Nvidia has spent over $900 million to hire Enfabrica CEO Rochan Sankar and other staff at the artificial intelligence hardware startup and to license the company's technology, CNBC reported on Thursday.

While Nvidia has refrained from making splashy acquisitions, it's taking stakes in other AI firms, making sure they continue orbiting around it.

Nvidia’s $5 billion deal solves four problems for Intel, but it doesn’t address the company’s biggest issue: manufacturing technology.