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Nvidia Acquires Kumo AI

Forbes, SiliconANGLE1 min brief

In brief

  • Nvidia has acquired Kumo AI, a startup that builds foundation models for business data.
  • Kumo's technology helps make predictions from customer records and transactions.
  • Nvidia's acquisition of Kumo AI matters because it fills a gap in generative AI.
  • Large language models have transformed how enterprises work with documents and images, but they have not been used with relational databases.
  • Kumo's model can make predictions on a database it has never seen, without task-specific training.
  • Nvidia will use Kumo's technology to move into predictive analytics, a market served by gradient-boosted tooling and machine learning services.
  • Nvidia will extend its motion into enterprise AI with this acquisition.
  • The company will continue to own the software enterprises run on its chips.

Terms in this brief

foundation models
Large AI models trained on vast amounts of data to perform various tasks without needing specific task-based training. They form the base for many applications, including language processing and computer vision.

Read full story at Forbes, SiliconANGLE

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