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In February 2008, Nvidia acquired Ageia, developer of the Phys X physics engine and physics processing unit.Nvidia announced that it planned to integrate the Phys X technology into its future GPU products.

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The need to incorporate the company prompted the co-founders to review all words, leading them to "invidia", the Latin word for "envy".

The release of the RIVA TNT in 1998 solidified Nvidia's reputation for developing capable graphics adapters.

In July 2017, Nvidia and Chinese search giant Baidu, Inc.

announced a far-reaching AI partnership that includes cloud computing, autonomous driving, consumer devices, and Baidu's open-source AI framework Paddle Paddle.

They believed that this model of computing could solve problems that general-purpose computing fundamentally couldn't.

They also observed that video games were some of the most computationally challenging problems, but would have incredibly high sales volume. The company initially had no name and the co-founders named all their files NV, as in "next version".

They are deployed in supercomputing sites around the world.

In the early 1990s, the three co-founders hypothesized that the proper direction for the next wave of computing would be accelerated or graphics based.

In July 2008, Nvidia took a write-down of approximately 0 million on its first-quarter revenue, after reporting that certain mobile chipsets and GPUs produced by the company had "abnormal failure rates" due to manufacturing defects.

Nvidia, however, did not reveal the affected products.

However, the project took many of its best engineers away from other projects.

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