“Nvidia Ventures into the Server Rental Market with Potential Acquisition of Lepton AI”
Tech giant Nvidia is making moves in the server rental industry as reports swirl about a possible deal to acquire Lepton AI, a company specializing in renting servers powered by Nvidia’s AI chips. The acquisition is said to be valued at several hundred million dollars, according to sources from The Information.
Lepton AI, established just two years ago, secured an $11 million seed funding round in May 2023 from CRV and Fusion Fund. This potential acquisition comes as Nvidia continues to expand its footprint in the AI space, following its recent purchase of synthetic data startup Gretel.
Stay tuned as Nvidia sets its sights on revolutionizing the server rental market with this strategic move. For more updates on this developing story, keep an eye on TechCrunch for further details.
