Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

Business · 16 July 2026

Sega's £5 million bet saved Nvidia from ruin in 1995

Sega's £5 million bet saved Nvidia from ruin in 1995

Raysonho @ Open Grid Scheduler / Scalable Grid Engine via Wikimedia Commons (Creative Commons CC0 License)

Nvidia's CEO Jensen Huang visited Sega in Tokyo on Wednesday to thank them for a crucial £5 million investment. The investment came in 1995 when Nvidia was nearly out of business after choosing the wrong graphics technology. Sega later sold its stake for £15 million, which would be over a trillion today.

Reported by Kotaku · How we write briefs

More briefs

PoliticsHealey Rejects Mansion Tax Change That Would Double Homes Affected BusinessOfgem Plans Charge That Could Make Cheap Energy Deals Harder to Find BusinessBank of England's Bailey Says Inflation Pressures Subdued as Rate Rise Looms BusinessLockheed Martin may build UK's new £2bn Skynet satellites BusinessKFC dropping Pepsi for Coca-Cola in all US restaurants by early 2027 BusinessSome Anthropic investors reportedly eye $1.5tn valuation, down from the $2tn expected More business stories → Browse all stories →