Home
All updates
EDGE Insights
Industries
Company Search
My Watchlists (Beta)

All Updates

Filter

M&A

NVIDIA acquires OctoAI for up to USD 250 million to enhance AI infrastructure

Generative AI Infrastructure

Sep 25, 2024

This week:

Funding

EKORE raises EUR 1.3 million (~ USD 1 million) in seed funding to strengthen platform

Digital Twin

Dec 20, 2024

Funding

Culina Health raises USD 7.9 million in Series A funding to expand offerings and expand team

Functional Nutrition

Dec 19, 2024

FDA approval

ViGeneron receives IND clearance for VG801 gene therapy

Cell & Gene Therapy

Dec 19, 2024

Product updates

Reflex Aerospace ships first commercial satellite SIGI

Next-gen Satellites

Dec 19, 2024

Partnerships

Vast partners with SpaceX for two private astronaut missions to ISS

Space Travel and Exploration Tech

Dec 19, 2024

Management news

Carbios appoints Philippe Pouletty as interim CEO amid plant delay

Waste Recovery & Management Tech

Dec 19, 2024

Funding

BlueQubit raises USD 10 million in seed funding to develop quantum platform

Quantum Computing

Dec 19, 2024

FDA approval

Arbor Biotechnologies receives FDA clearance for ABO-101 IND application

Human Gene Editing

Dec 19, 2024

Funding

‧

Partnerships

Personalis partners with Merck and Moderna for cancer therapy development and investment

Precision Medicine

Dec 19, 2024

Partnerships

COTA partners with Guardant Health to develop clinicogenomic data solutions for cancer research

Precision Medicine

Dec 19, 2024

Generative AI Infrastructure

View industry hub

Sep 25, 2024

NVIDIA acquires OctoAI for up to USD 250 million to enhance AI infrastructure

M&A

NVIDIA has acquired OctoAI, a company that provides tools for building and running GenAI models efficiently, for a potential total of up to USD 250 million, including incentives.
OctoAI, formerly OctoML, offers a complete tech stack for serving GenAI models. The platform integrates with various hardware and software companies, including established companies like AWS and Google.
Through this acquisition, NVIDIA aims to expand its efforts in machine learning compilers and cloud infrastructure for AI. OctoAI's CEO and co-founder, Luis Ceze, will join NVIDIA to contribute to these initiatives.
Analyst QuickTake: This acquisition follows a partnership between OctoAI and NVIDIA in March 2024 , which aimed to deliver NIM microservices and optimized GenAI models to businesses. It also aligns with NVIDIA’s strategy to strengthen its product offerings through acquisitions. In April 2024 , NVIDIA acquired AI infrastructure management company Run:ai, followed by an acquisition of Brev.dev to enhance DGX Cloud service capabilities in July 2024.

Contact us

Gain access to all industry hubs, market maps, research tools, and more

Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.