Nvidia in Talks to Acquire Lepton AI for Server Rental Expansion

Nvidia is reportedly in advanced discussions to acquire Lepton AI, a company that specializes in renting out servers powered by Nvidia's AI chips. This potential acquisition, valued at several hundred million dollars, was reported by The Information.

Lepton AI, founded two years ago, has made a name for itself in the AI cloud services sector, providing tools for AI model creation and deployment. The company has previously collaborated with startups like Latitude.io and SciSpace, leveraging its AI-driven cloud tools. This acquisition aligns with Nvidia's strategy to enhance its capabilities in the AI sector, particularly in cloud-based AI solutions.

The move would mark Nvidia's entry into the server rental market, positioning it alongside other major players like Together AI. Lepton AI's expertise and the experience of its founders, who have backgrounds in AI research at Meta, are expected to significantly contribute to Nvidia's expansion in this domain.