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Nvidia, Bill Gates-backed robotics startup FieldAI hits $2 billion valuation after recent raise

1. FieldAI raised $405 million with Nvidia among investors. 2. Funding values the startup at $2 billion, indicating strong market interest. 3. FieldAI's robotics focus aligns well with Nvidia's AI hardware strategy. 4. The startup plans to hire over 100 employees to meet demand. 5. Growth in robotics may enhance Nvidia's market position in AI solutions.

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Why Bullish?

Nvidia's investment in robotics aligns with its AI growth strategy, potentially boosting its stock, akin to previous AI-focused investments that enhanced stock values.

How important is it?

FieldAI's innovation and Nvidia's investment could lead to synergistic growth, making this news highly relevant for NVDA's future prospects.

Why Long Term?

As FieldAI scales and utilizes Nvidia technology, long-term revenue growth can be expected, similar to how AI sectors have benefitted stocks.

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