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NVIDIA has announced the acquisition of CentML, a Toronto-based AI startup, for a sum of $400 million. CentML, founded by post-95 Chinese entrepreneur Wang Shang and his mentor, specializes in optimizing the performance of AI applications. Within just one year of its inception, CentML secured joint investment from NVIDIA and Google Ventures, propelling it to the forefront of the industry. This acquisition will enable NVIDIA to integrate Wang Shang's team's technical expertise, further bolstering its competitive edge in AI model optimization and GPU utilization. Wang Shang will rejoin NVIDIA to lead AI system software management, with other CentML founders also assuming pivotal roles. NVIDIA's continued strategy of acquiring top-tier teams through mergers and acquisitions underscores its commitment to maintaining a leading position in the AI landscape.
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