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Nvidia is reportedly in talks to acquire Lepton AI
Lepton AI is a two-year-old startup that rents servers that use Nvidia's AI chips from cloud providers and rents them to other companies.
The deal is reportedly worth several hundred million dollars, according to The Information, which cited unnamed sources. Lepton AI was founded two years ago and raised an $11 million seed round in May 2023 from CRV and Fusion Fund. The other big player in the server rental market is Together AI, a startup that has raised more than $500 million in venture capital despite only being about a year older than Lepton.
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