Nvidia is reportedly in talks to acquire Lepton AI

Nvidia is reportedly close to acquiring Lepton AI, a company specializing in renting servers powered by Nvidia's AI chips, as part of its move into the server rental market. The deal is said to be valued at several hundred million dollars, according to unnamed sources cited by The Information. Lepton AI, founded two years ago, raised an $11 million seed round in May 2023 from investors CRV and Fusion Fund.

This acquisition would position Nvidia against other major players in the server rental market, such as Together AI, which has raised over $500 million in venture capital. Additionally, Nvidia recently acquired synthetic data startup Gretel, indicating a strategic expansion into AI and data services.

Key takeaways

Nvidia is reportedly nearing a deal to acquire Lepton AI, a company that rents out servers powered by Nvidia’s AI chips.
The deal is reportedly worth several hundred million dollars, according to unnamed sources cited by The Information.
Lepton AI was founded two years ago and raised an $11 million seed round in May 2023 from CRV and Fusion Fund.
Nvidia reportedly acquired synthetic data startup Gretel last week.

Nvidia is reportedly in talks to acquire Lepton AI | TechCrunch

Key takeaways

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