Nvidia acquires Kumo, which sells predictive AI software to enterprises, a source says for $400M+; PitchBook says Kumo raised $37M at a $250M valuation in 2022
Nvidia has bought Kumo AI, a five-year-old startup that sells predictive AI software to enterprises, for more than $400 million, said a person with knowledge of the deal.
Nvidia acquired Kumo, which sells predictive AI software to enterprises, a source says for $400M+; PitchBook: Kumo raised $37M at a $250M valuation in 2022
Nvidia has bought Kumo AI, a five-year-old startup that sells predictive AI software to enterprises, for more than $400 million, said a person with knowledge of the deal.
Sources: OpenAI agrees to pay Cerebras $20B+ to use its server chips, double the amount previously associated with the deal, and may receive equity in Cerebras
OpenAI recently struck an unusual deal to lessen its dependence on Nvidia's AI chips and potentially lower its computing expenses in the coming years.
Trading firm Jane Street takes an additional $1B stake in CoreWeave and plans to spend ~$6B to access CoreWeave's Nvidia Vera Rubin chips to build and deploy AI
Shares of Dell and HP jump after a report said Nvidia “has been in negotiations for over a year to buy a large company and it will reshape the PC landscape”
Shares of Dell Technologies Inc. and HP Inc. jumped after a report from website SemiAccurate that Nvidia Corp. was seeking …
Documents: Shenzhen-based computing company Sharetronic bought hundreds of Super Micro systems containing banned Nvidia H100 and H200 chips in 2025, worth ~$92M
Hours after the United States charged a Super Micro Computer Inc. co-founder with illegally smuggling billions of dollars' worth …
Sources: AI startup Poolside held talks with Google and others to revive a Texas data center project after a CoreWeave deal and a $2B Nvidia-led round collapsed
Nvidia Chief Software Architect Jonathan Ross discusses the $20B Nvidia-Groq deal; sources say Groq's annual revenue was near $100M at the time of the deal
Nvidia Chief Software Architect Jonathan Ross discusses the $20B Nvidia-Groq deal; sources say Groq's annual revenue was near $100M at the time of the deal
Sources: UK-based cloud provider Nscale is in talks to buy a major data center site in West Virginia; Amazon and Meta have also expressed interest in the site
Nscale, an upstart cloud provider heavily backed by Nvidia whose customers include OpenAI and Microsoft, is in talks to take control …