Nvidia reportedly acquired enterprise AI startup Kumo AI for at least $400 million. The deal strengthens Nvidia's software portfolio to complement its hardware business.
Founded in 2021, Kumo AI provides a SaaS platform for business predictions using relational data. The technology employs graph neural networks to automate tasks like fraud detection and risk scoring.
This integration removes the need for manual feature engineering in data warehouses. Nvidia will use the acquisition to expand its broader enterprise AI ecosystem.