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The startup of Jia Yangqing, a former senior executive of Alibaba, may be sold to NVIDIA. NVIDIA is about to reach a deal to acquire Lepton AI, with the transaction valued at hundreds of millions of dollars. This move is seen as part of NVIDIA's entry into the cloud computing and enterprise software market, aiming to compete with Ya...

Jack Jia, a former senior executive of Alibaba, may sell his startup to NVIDIA

NVIDIA is on the verge of finalizing a deal to acquire Lepton AI, with a transaction value of hundreds of millions of dollars. This move is regarded as part of NVIDIA's foray into the cloud computing and enterprise software market, aiming to compete with major cloud computing providers such as Amazon and Google. It is understood that Lepton AI is a two-year-old artificial intelligence startup dedicated to providing enterprises with an efficient and scalable AI application platform. Notably, Lepton AI was founded by Jack Jia, a top scientist in the field of artificial intelligence and a former senior executive of Alibaba. In October last year, Jack Jia attended an industry event in China as the founder and CEO of Lepton AI. "AI cloud" is the entrepreneurial direction he identified after leaving Alibaba. The team size of Lepton AI is not large, mostly consisting of programmers and product managers.

—— The Information, Jiemian News

via Fengxiangqi Reference Express - Telegram Channel

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