Nvidia has acquired Kumo AI for over $400 million. The startup specializes in predictive artificial intelligence for enterprise-level structured data.
The acquisition bolsters Nvidia’s software portfolio for business applications. Kumo AI utilizes graph machine learning to predict outcomes such as customer churn and fraud.
Nvidia will integrate Kumo AI’s technology and founding team into its operations. The team includes former executives from Pinterest and LinkedIn.
The deal enhances the Nvidia AI Enterprise software suite and AI Foundry service. These platforms allow businesses to create custom AI models using their own proprietary data.
Kumo AI currently serves major clients including DoorDash, Reddit, and Snowflake.