Nvidia is reportedly in talks to acquire Lepton AI

Nvidia is trying to get into the server rental market.

The semiconductor big is reportedly nearing a deal to amass Lepton AI, an organization that rents out servers which might be powered by Nvidia’s AI chips, in response to The Information. The deal is reportedly price a number of hundred million {dollars}, in response to The Data, which cited unnamed sources.

TechCrunch reached out to Nvidia for extra info.

Lepton AI was based two years in the past and raised an $11 million seed spherical in Could 2023 from CRV and Fusion Fund. The opposite large participant within the server rental market is Collectively AI, a startup that has raised greater than $500 million in enterprise capital regardless of solely being a couple of 12 months older than Lepton.

Nvidia reportedly acquired synthetic data startup Gretel final week.