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Nvidia is reportedly close to acquiring Lepton AI, a startup that rents out servers powered by Nvidia's AI chips. The deal, said to be worth several hundred million dollars, would mark Nvidia's entry into the server rental space.
Founded just two years ago, Lepton AI previously raised$11 million in seed funding and is seen as a key rival to Together AI, a similar firm with over$500 million in backing.
The move follows Nvidia's recent acquisition of synthetic data startup Gretel.
With AI demand skyrocketing, this acquisition could strengthen Nvidia's grip on the market by combining its chip dominance with direct cloud-based services. Nvidia has yet to comment on the reported talks.
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