Announced

Completed

Nvidia completed the acquisition of OmniML.

Synopsis

Nvidia, an American multinational technology company, completed the acquisition of OmniML, an AI company. Financial terms were not disclosed “AI is so big today that Edge devices aren’t equipped to handle its computational power. That doesn’t have to be the case. Our ML model compression addresses the gap between AI applications and Edge devices, increasing the devices’ potential and allowing for hardware-aware AI that is faster, more accurate, cost-effective, and easy to implement for anyone, on diverse hardware platforms,” Di Wu, OmniML Co-Founder and CEO.

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