Ken Griffin Bets on Nvidia and Amazon to Dominate the Robotaxi Market
Ken Griffin’s Citadel made waves this quarter by pivoting from Tesla to Nvidia and Amazon—now its two largest hedge fund holdings. The move targets a robotaxi market projected to exceed $1 trillion, leveraging autonomous technology’s potential to halve current ride-sharing costs of $1-$2 per mile. U.S. light-duty vehicles alone log over 3 trillion annual miles, underscoring the scalability.
Nvidia’s dominance extends beyond GPUs. Its full-stack autonomous driving platform—Omniverse for simulation, Cosmos for world modeling, and Alpamayo for real-time vehicle reasoning—has become industry infrastructure. CFO Colette Kress emphasized to analysts that every major OEM and service provider uses Nvidia’s technology, with robotaxis poised to generate hundreds of billions in revenue by 2034.
