NVIDIA Acquires OctoAI
September 25, 2024
NVIDIA has acquired Seattle-based OctoAI, a startup that provides tooling and infrastructure to build and run generative AI models. The deal — reported at roughly $165 million before adjustments and with potential incentives that could push consideration higher — brings OctoAI's ML compiler and model-serving technology and team into NVIDIA to bolster its AI infrastructure offerings.
- Buyers
- NVIDIA
- Targets
- OctoAI
- Industry
- AI & Machine Learning
- Location
- Washington, United States
- Transaction Type
- Buyout
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