6 days ago
Nvidia Agrees to Buy AI Company for $12.9 Billion
Nvidia is a company that makes important computer chips for artificial intelligence.
It reportedly wants to buy another AI company based in New York.
The reported price is $12.9 billion.
The Information first reported the planned purchase, and Reuters repeated the report.
The AI company runs a platform used by developers.
Developers use it to build and share AI models.
If the deal happens, Nvidia would control that platform.
The report says the company was once hacked by an OpenAI agent.
Nvidia has agreed to buy a New York-based AI company, according to The Information.
The reported purchase price is $12.9 billion.
Reuters separately reported the development, citing The Information.
The deal would rank among Nvidia’s largest acquisitions if completed.
The acquisition would give Nvidia control of a major platform for building and sharing AI models.
- Who
- Nvidia and a New York-based AI company; Reuters and The Information reported the development.
- What
- Nvidia has reportedly agreed to acquire the AI company for $12.9 billion.
- Where
- The target company is based in New York.
- When
- Why
- The acquisition would give Nvidia control of a major platform used to build and share AI models.
Key facts
- Reported buyer
- Nvidia
- Target
- A New York-based AI company
- Reported price
- $12.9 billion
- Primary source
- The Information
- Additional report
- Reuters cited The Information
- Deal status
- Agreed to, but not stated as completed
- Potential significance
- One of Nvidia’s biggest acquisitions
- Platform role
- Used by developers to build and share AI models
Sources
Related news
Nvidia Reportedly Agrees to Acquire Hugging Face for $12.9 Billion
Nvidia Expands AI Model Push With $6 Billion Poolside Deal
NVIDIA Reportedly Agrees to Buy Hugging Face for $12.9 Billion
Jensen Huang Defends Nvidia Against OpenAI Chip Competition
Nvidia Talks Investment In Perplexity Above $30 Billion
Nvidia Denies Report of New China-Specific AI Chip
Indian Sugar Prices Fall Further as Mills Struggle to Sell
New Hangout Sitcoms Turn Friendship FOMO Into Streaming Appeal
Uber Cuts 3,300 Jobs to Simplify Operations, Fund Robotaxis
Suriya Celebrates Karthi’s Journey From US to Paruthiveeran Stardom
Gold Futures Fall Seventh Day Amid US-Iran Tensions
