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NVIDIA acquires OctoAI for up to USD 250 million to enhance AI infrastructure
Generative AI Infrastructure
Sep 25, 2024
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Generative AI Infrastructure

Generative AI Infrastructure

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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.

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