Nvidia said to close in on deal to acquire Lepton AI - Breaking The News

Nvidia said to close in on deal to acquire Lepton AI

26 March

1 min read

EPA-EFE/CJ GUNTHER

American technology giant Nvidia is close to reaching a deal to acquire Lepton AI, a fully artificial intelligence-managed cloud tool for creating and deploying AI models, The Information reported on Wednesday.

The deal is a part of Nvidia's effort to boost its cloud and software business by buying small AI startups, which makes it possible to build new AI models by using the company's chips. Lepton previously provided AI cloud services to the game startup Latitude.io and scientific research startup SciSpace. Its co-founders, Yangqing Jia and Junjie Bai, were AI researchers at Meta Platforms.

Neither Nvidia nor Lepton provided a comment.

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