Nvidia acquires software company SchedMD to expand its open-source AI business.

This move shows that the world's leading chip designer is increasing its focus on open-source technology and boosting investment in the AI ​​ecosystem to cope with increasingly fierce competition.

Nvidia announced on December 15th that it has acquired SchedMD, a software company specializing in artificial intelligence (AI).

This move shows that the world's leading chip designer is increasing its focus on open-source technology and boosting investment in the Artificial Intelligence ecosystem to cope with increasingly fierce competition.

While Nvidia has built its reputation on high-speed chips, it also offers a range of its own developed Artificial Intelligence models as open-source software for researchers and businesses to use, spanning from physics simulation to self-driving cars.

Nvidia's proprietary CUDA software platform – now the common standard among programmers – is considered the most important selling point of its chips. Thanks to this, the software plays a crucial role in helping the company maintain its dominance in the Artificial Intelligence market.

Meanwhile, SchedMD is a provider of software solutions that support the scheduling and management of large-scale computing tasks, which often consume a significant portion of server capacity in data centers.

The company's core technology is called Slrum. It's open-source software, meaning developers and businesses can access it for free, while SchedMD profits from selling technical support and maintenance services.

According to information on the company website, SchedMD was founded in 2010 by two Slurm software developers, Morris "Moe" Jette and Danny Auble, in Livermore, California. The company currently employs approximately 40 people. SchedMD's client list includes cloud infrastructure company CoreWeave, the Barcelona Supercomputing Centre, and many others.

The financial terms of the deal were not disclosed. Nvidia confirmed that it will continue to distribute SchedMD's software on an open-source basis.

In a blog post, an Nvidia representative stated that Slrum, now compatible with Nvidia's latest hardware, is a critical part of the essential infrastructure for generative AI.

This tool is used by platform model developers and Artificial Intelligence builders to manage the training and inference needs of their models.

Also on December 15th, Nvidia launched a new line of open-source Artificial Intelligence models that the company claims are faster, cheaper, and smarter than previous products.

This move comes as Nvidia faces increasing competition from open-source models developed by Chinese artificial intelligence labs.

Nvidia's stock rose 1.35% following news of the deal, as well as the announcement of the launch of the new open-source Artificial Intelligence models mentioned above.

(VNA/Vietnam+)

Source: https://www.vietnamplus.vn/nvidia-thau-tom-hang-phan-mem-schedmd-nham-mo-rong-mang-ai-ma-nguon-mo-post1083309.vnp