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Nvidia nears acquisition of AI server firm Lepton AI

Nvidia is reportedly nearing an acquisition of Lepton AI, a company that rents servers powered by Nvidia AI chips, according to The Information.

The deal is estimated to be worth several hundred million dollars, but Nvidia has not confirmed this information.

Founded two years ago, Lepton AI raised US$11 million in seed funding in May 2023 from CRV and Fusion Fund.

This acquisition would follow Nvidia’s recent reported purchase of synthetic data startup Gretel.

Recent Nvidia developments

Timeline
21-Mar-2025 🧬 Nvidia to open quantum lab in Boston with MIT, Harvard
  • Nvidia to open quantum lab in Boston with Harvard, MIT
  • CEO announces at developer conference on Mar. 20
21-Mar-2025 💡 Nvidia to invest billions in US over four years
  • Nvidia to invest $500B in US manufacturing
  • Investment aims to boost US AI industry growth
20-Mar-2025 📈 Nvidia-backed AI firm eyes up to $2.7b valuation in IPO
  • CoreWeave’s IPO priced at $47-$55 per share
  • Valuation estimated at $2.3B to $2.7B
20-Mar-2025 🚫 Nvidia CEO denies company’s involvement in Intel deal
  • Nvidia CEO denies Intel acquisition talks
  • Dismisses rumors of consortium involvement
20-Mar-2025 🤖 Nvidia, xAI join Microsoft in AI infrastructure partnership
  • Musk’s xAI joins Nvidia in AI Infrastructure Partnership.
  • Partnership targets $30B funding for AI infrastructure.

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