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Nvidia is seeking to get into the server rental market.
The semiconductor large is reportedly nearing a deal to amass Lepton AI, an organization that rents out servers which can be powered by Nvidia’s AI chips, in response to The Data. Citing unnamed sources, the outlet says the deal deal is price a number of hundred million {dollars}.
Trendster reached out to Nvidia for extra info.
Lepton AI was based two years in the past and raised an $11 million seed spherical in Could 2023 from CRV and Fusion Fund. The opposite massive 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 yr older than Lepton.
Nvidia reportedly acquired artificial information startup Gretel final week.
