Nvidia is seeking to get into the server rental market.
The semiconductor large is reportedly nearing a deal to accumulate Lepton AI, an organization that rents out servers which might be powered by Nvidia’s AI chips, in accordance with The Information. The deal is reportedly price a number of hundred million {dollars}, in accordance with The Data, which cited unnamed sources.
TechCrunch reached out to Nvidia for extra data.
Lepton AI was based two years in the past and raised an $11 million seed spherical in Might 2023 from CRV and Fusion Fund. The opposite huge participant within the server rental market is Collectively AI, a startup that has raised greater than $500 million in enterprise capital regardless of solely being a few 12 months older than Lepton.
Nvidia reportedly acquired artificial information startup Gretel final week.