Nvidia buys AI software provider SchedMD to expand open-source AI push

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Nvidia said on Monday it acquired AI software firm SchedMD, as the chip designer doubles down on open-source technology and steps up investments in the artificial intelligence ecosystem to fend off rising competition.

The chip designer built its reputation on speedy chips, but it also offers a range of its own AI models, from physics simulations to self-driving vehicles, as open-source software that researchers and companies can use.

Its proprietary CUDA software, a standard among most developers, is a major selling point for its chips, making software…



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Nvidia buys AI software provider SchedMD to expand open-source AI push



Nvidia said on Monday it acquired AI software firm SchedMD, as the chip designer doubles down on open-source technology and steps up investments in the artificial intelligence ecosystem to fend off rising competition.

The chip designer built its reputation on speedy chips, but it also offers a range of its own AI models, from physics simulations to self-driving vehicles, as open-source software that researchers and companies can use.

Its proprietary CUDA software, a standard among most developers, is a major selling point for its chips, making software…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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