<div id="readability-page-1"><div><div>Nvidia Corp NVDA has acquired a Canadian AI startup CentML, for undisclosed financial terms. The news was reported by Logic on Friday, citing unnamed sources familiar with the matter.CentML specializes in optimizing AI, offering innovative solutions that significantly enhance efficiency and performance.The U.S. chip giant tapped CentML CEO Gennady Pekhimenko as a senior director for AI software at Nvidia.Also Read: AI Momentum Powers Nvidia, Arm And Chip Supply Chain In BofA Recap<h2>CentML Background</h2>According to the company’s post on X (formerly Twitter), CentML will cease operations, and its AI-optimization services will no longer be available as of July 17Pekhimenko, a computer science associate professor at the University of Toronto, co-founded CentML in March 2022 with his doctoral students Wang and Anand Jayarajan.CentML CTO Sam Wang and COO Akbar Nurlybayev also joined Nvidia. According to the report, in June, Nvidia also tapped at least 15 other engineers and two interns from CentML.The startup had raised $30.9 million in total venture capital from backers. Nvidia had participated in the startup’s $27-million seed round in October 2023.According to an October 2023 TechCrunch report, CentML plans to optimize both model training and inference by running models after they’ve been trained.As per the report, graphics processing units (GPUs) are also heavily used in inference today, and Pekhimenko noted them as a potential avenue of growth for the company.<h2>Other AI Related Acquisitions</h2>In March, Nvidia acquired Gretel, a synthetic data startup, for undisclosed terms. Founded in 2020, Gretel is the generative AI platform for creating synthetic text, tabular, and time series data.Last December, Nvidia completed acquiring Israeli startup Run:ai, marking its most significant in Israel since its $6.9 billion Mellanox Technologies deal in 2020.According to a report by Tracxn, NVIDIA has completed 26 acquisitions in over seven countries, most of them in Israel and the United States.Almost nine companies acquired by the semiconductor giant are in the AI infrastructure and enterprise storage space.<h2>Analyst Opinions</h2>Barclays expects Nvidia, backed by its Blackwell AI platform, to hit a market cap of $5 trillion. The chip company is currently worth $3.8 billion.Bank of America analyst Vivek Arya estimated that Nvidia holds 80-85% of the total market for AI data center chips. Nvidia’s Blackwell platform prompted Arya to raise his earnings forecast for the calendar year 2027 to $7.23 per share, which is up 12%.He had projected long-term earnings power of $10 per share, driven by the company’s AI hardware moat.Nvidia held $53.7 billion in cash and equivalents as of April 27, 2025.Price Action: NVDA stock is up 0.84% at $156.32 at last check Friday.<ul> <li>Meta’s Play For Voice AI Could Shake Up The Competition</li> </ul>Photo via Shutterstock</div></div></div>

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Nvidia Corp has acquired Canadian AI startup CentML, which specializes in optimizing AI, for undisclosed terms. CentML will cease operations on July 17, and its CEO Gennady Pekhimenko has joined Nvidia as a senior director for AI software. This acquisition is part of Nvidia's strategy to enhance its AI capabilities, following previous acquisitions in the AI sector. Analysts predict Nvidia's market cap could reach $5 trillion, with a significant share of the AI data center chip market. NVDA stock rose 0.84% to $156.32.

- Nvidia Corp has acquired Canadian AI startup CentML, which specializes in optimizing AI, for undisclosed terms.  
- CentML will cease operations on July 17, 2025, and its CEO Gennady Pekhimenko has joined Nvidia as a senior director for AI software.  
- Nvidia has made multiple acquisitions in the AI sector, with analysts projecting significant growth and a potential market cap of $5 trillion.

Nvidia Is Acquiring Its Way Into AI