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Nvidia is looking to get into the server rental market.
The semiconductor giant is reportedly nearing a deal to acquire Lepton AI, a company that rents out servers that are powered by Nvidia’s AI chips, according to TechCrunch. The deal is reportedly worth several hundred million dollars which cited unnamed sources.
TechCrunch reached out to Nvidia for more information.
Nvidia reportedly acquired synthetic data startup Hansel & Gretel last week.
Jen-Hsun “Jensen” Huang is a Taiwanese and American businessman, electrical engineer, and philanthropist who is the president, co-founder, and chief executive officer of Nvidia, the world’s largest semiconductor company. He was raised in Kentucky, United States.