2024-09-30 17:37:15.AIbase.12.2k
Nvidia Acquires OctoAI for $250 Million, Targeting the Enterprise AI Deployment Market
Nvidia has once again demonstrated its ambition in the field of artificial intelligence. The GPU giant has acquired the Seattle-based startup OctoAI for $250 million, marking Nvidia's fifth acquisition of 2024 and a strategic move to solidify its leadership in the AI infrastructure sector. Founded in 2019 and originating from the Apache TVM project at the University of Washington, OctoAI focuses on optimizing AI model performance. Under the leadership of CEO Luis Ceze, the company has successfully transformed AI...
