Nvidia spends over $900 million to hire Enfabrica CEO and license AI hardware tech
The post Nvidia spends over $900 million to hire Enfabrica CEO and license AI hardware tech appeared on BitcoinEthereumNews.com. Nvidia just spent over $900 million to bring in Rochan Sankar, the CEO of AI hardware firm Enfabrica, along with a group of his engineers, and to grab the rights to the company’s core technology; all in one sweep. The deal, first reported by CNBC, was paid for using a mix of cash and stock, and closed last week. Rochan is now officially on Nvidia’s payroll. Nvidia now owns access to Enfabrica’s hardware tech, the kind that can hook up 100,000 GPUs to work together like one brain. The details line up with what we’ve seen across Big Tech this year, so this is Nvidia copying the same recruiting blueprint that Meta, Google, Microsoft, and Amazon have used to scoop up AI talent without triggering regulatory headaches. Enfabrica was founded in 2019, with its selling point being infrastructure; building the data plumbing that lets GPU clusters run like one unified machine, which is exactly what Nvidia wants. The company’s newest systems don’t just run one chip at a time. They run 72 GPUs in tall racks, all working together. That’s the setup going into the $4 billion data center in Wisconsin that Microsoft just announced. This is all part of Nvidia’s bigger play to sell complete AI systems, and the company is actually already invested in Enfabrica during a $125 million Series B round in 2023, led by Atreides Management. The startup didn’t give a dollar value for its valuation, but said it was five times bigger than it had been during its previous round, per CNBC’s report. Rochan’s move to Nvidia follows a string of similar acqui-hire deals in the AI space. In June, Meta paid $14.3 billion to get Alexandr Wang, the founder of Scale AI, and took a 49% stake in the company. One month later, Varun…
The post Nvidia spends over $900 million to hire Enfabrica CEO and license AI hardware tech appeared on BitcoinEthereumNews.com.
Nvidia just spent over $900 million to bring in Rochan Sankar, the CEO of AI hardware firm Enfabrica, along with a group of his engineers, and to grab the rights to the company’s core technology; all in one sweep. The deal, first reported by CNBC, was paid for using a mix of cash and stock, and closed last week. Rochan is now officially on Nvidia’s payroll. Nvidia now owns access to Enfabrica’s hardware tech, the kind that can hook up 100,000 GPUs to work together like one brain. The details line up with what we’ve seen across Big Tech this year, so this is Nvidia copying the same recruiting blueprint that Meta, Google, Microsoft, and Amazon have used to scoop up AI talent without triggering regulatory headaches. Enfabrica was founded in 2019, with its selling point being infrastructure; building the data plumbing that lets GPU clusters run like one unified machine, which is exactly what Nvidia wants. The company’s newest systems don’t just run one chip at a time. They run 72 GPUs in tall racks, all working together. That’s the setup going into the $4 billion data center in Wisconsin that Microsoft just announced. This is all part of Nvidia’s bigger play to sell complete AI systems, and the company is actually already invested in Enfabrica during a $125 million Series B round in 2023, led by Atreides Management. The startup didn’t give a dollar value for its valuation, but said it was five times bigger than it had been during its previous round, per CNBC’s report. Rochan’s move to Nvidia follows a string of similar acqui-hire deals in the AI space. In June, Meta paid $14.3 billion to get Alexandr Wang, the founder of Scale AI, and took a 49% stake in the company. One month later, Varun…
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