<div id="readability-page-1"><div><p><span>Two former executives from Nvidia </span><span> are moving into the investment arena, joining a young New York firm that has been quietly building exposure to artificial intelligence startups while working with some of the world's wealthiest families seeking deeper access to the AI boom.</span></p><p><span>Geoffrey Levene, previously Nvidia's director of global AI initiatives, and Max Cohen, who led the company's North American cloud business, have joined Era, a four-year-old investment firm backed by billionaires including Taiwanese businessman Andre Koo Sr. The firm, led by 30-year-old investor Jasper Lau, has accumulated stakes in several high-profile AI ventures, including defense startup Anduril Industries and Thinking Machines Lab, an artificial intelligence company run by former OpenAI chief technology officer Mira Murati. Era primarily focuses on venture investments while also offering financial services to its clients and portfolio companies.</span></p><p><span>Era is currently raising $250 million and has already secured $140 million in what was described as an oversubscribed funding round, according to a person familiar with the effort. Instead of seeking capital from traditional venture sources such as pension funds, the firm has been turning to wealthy families, some connected to companies involved in building global data-center infrastructure. According to a statement, those investors oversee businesses controlling about 70 gigawatts of energy and roughly 70 million acres of land. Era has also developed a close relationship with Nvidia and plans to work with the chipmaker to identify priority AI markets and investment strategies, while Levene is co-founding an AI startup backed by the firm and Cohen is expected to focus on sourcing deals among neocloud providers that rent out cloud infrastructure for AI training and deployment.</span></p></div></div>

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<p>Two former Nvidia executives, Geoffrey Levene and Max Cohen, have joined Era, a New York investment firm focused on AI startups, which is raising $250 million. Era has already secured $140 million in an oversubscribed funding round, primarily from wealthy families rather than traditional venture sources. The firm has stakes in notable AI ventures and plans to collaborate with Nvidia to identify key AI markets. Levene is co-founding an AI startup, while Cohen will focus on sourcing deals in cloud infrastructure for AI.</p>

- Two former Nvidia executives have joined Era, a New York investment firm focusing on artificial intelligence startups.  
- Era has secured $140 million in an oversubscribed funding round while raising a total of $250 million, primarily from wealthy families rather than traditional venture sources.  
- The firm aims to collaborate with Nvidia to identify key AI markets and investment strategies, with plans for Levene to co-found an AI startup and Cohen to source deals related to cloud infrastructure for AI.

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Nvidia Executives Join AI Investment Firm Raising $250 Million