Business2 sources
Nvidia acquires AI startup Modal for central processors
- Nvidia wins fast-growing AI startup Modal for new central processors.
- In August, Nvidia organized a financing platform with six major financial firms to mobilize over $500 billion for AI infrastructure.
- Nvidia has transitioned from making chips to orchestrating the wider AI field.
- The acquisition of Modal is part of Nvidia's strategy to expand its AI capabilities.
- Nvidia's move signifies a significant step in the AI race.