Nvidia acquired Kumo, which sells predictive AI software to enterprises, a source says for $400M+; PitchBook: Kumo raised $37M at a $250M valuation in 2022 (The Information)
Nvidia acquired enterprise predictive AI startup Kumo for over $400M, expanding its software footprint beyond chips and infrastructure.
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<a href="https://www.theinformation.com/articles/nvidia-buys-enterprise-model-maker-kumo-ai-least-400-million"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260603/i59.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260603/p59#a260603p59" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.theinformation.com/">The Information</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.theinformation.com/articles/nvidia-buys-enterprise-model-maker-kumo-ai-least-400-million">Nvidia acquired Kumo, which sells predictive AI software to enterprises, a source says for $400M+; PitchBook: Kumo raised $37M at a $250M valuation in 2022</a></b></span> — Nvidia has bought Kumo AI, a five-year-old startup that sells predictive AI software to enterprises, for more than $400 million, said a person with knowledge of the deal.</p>
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