Nvidia Acquires Synthetic Data Startup Gretel

Nvidia has acquired synthetic data startup Gretel in a nine-figure deal, folding Gretel’s team of roughly 80 employees into Nvidia to integrate its synthetic-data platform into Nvidia’s cloud and generative AI services. The purchase price reportedly exceeds Gretel’s most recent $320 million valuation; Gretel provides a synthetic data platform and APIs used by developers and privacy-sensitive end markets such as healthcare and finance.