Nvidia has gotten so much attention during the artificial intelligence (AI) revolution, it's become easy to gloss over other compelling opportunities.

Nvidia's latest 13F filing showed investments in SoundHound AI and Applied Digital. SoundHound AI is seeing tremendous demand for voice assistance technology. Applied Digital benefits from the booming demand for data centers,

US tech giant Nvidia is spreading its investments into smaller-cap AI companies, which will help promote the adoption of its products. This comes as demand for its graphics processing units (GPUs) is on an increase and projected to remain firm supported by continued adoption of the AI technology across sectors.

The rapidly growing adoption of artificial intelligence (AI) has given shares of many companies a big boost in the past couple of years, and that's not surprising as this technology is expected to impact the global economy in a big way.