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NVIDIA intends to acquire Lepton AI for a sum in the hundreds of millions of dollars. Lepton AI, founded by Jia Yangqing—a former vice president of Alibaba Cloud and renowned AI expert affectionately known as the "Father of Caffe"—is a startup based in Palo Alto, California, USA. Established in 2023, the company's core offerings encompass renting NVIDIA GPU servers and developing software to aid startups in constructing and managing cloud-based applications. In May 2023, Lepton AI successfully secured $11 million in angel funding. Market analysts speculate that NVIDIA's acquisition aims to venture into the cloud computing and enterprise software landscapes, positioning itself to compete with leading cloud service providers like AWS and Google.
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