Source: Nvidia plans an employee-funded political action committee called NVPAC, as it seeks to step up its efforts to influence US policy (Courtney Rozen/Reuters)

Nvidia announced it will create an employee-funded political action committee, NVPAC, to increase its lobbying influence on U.S. policy. The initiative follows the company’s recent pause of some deals in its AI cloud revenue-sharing program. NVPAC will be financed through contributions from Nvidia employees.