tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Nvidia discussed acquiring OctoAI for $165M, The Information says

Nvidia has been in advanced talks to buy OctoAI, a startup that sells software to make artificial intelligence models run more efficiently, The Information’s Anissa Gardizy, Aaron Holmes and Stephanie Palazzolo report, citing a message sent to shareholders. Nvidia has proposed paying about $165M for the company, before accounting for the company’s debt and other expenses, according to a document OctoAI sent to shareholders.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1