Nvidia has acquired Gretel, a San Diego-based startup specializing in synthetic AI training data, reportedly for a price exceeding nine figures. This acquisition is part of Nvidia's strategy to bolster its suite of generative AI services that cater to developers. Founded in 2019, Gretel has raised over $67 million in venture capital and employs around 80 individuals. As major tech companies like Microsoft and Meta increasingly rely on synthetic data due to limitations of real-world data, Nvidia's timely acquisition positions it competitively within the evolving AI landscape.
Nvidia has acquired Gretel, a startup specializing in synthetic AI training data, enhancing its generative AI services amid a competitive tech landscape.
The nine-figure acquisition surpasses Gretel's recent valuation of $320 million, indicating Nvidia’s commitment to strengthening its AI capabilities through this strategic move.
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