Nvidia Invests Over $900 Million To Bring In Enfabrica CEO, Team, And GPU Technology

Benzinga

Nvidia has struck a deal worth more than $900 million to bring in Enfabrica CEO Rochan Sankar, other employees from the AI hardware startup, and a license to its technology, according to CNBC. The transaction, paid in cash and stock, closed last week and marks a move similar to acquihires at Meta and Google. Enfabrica was founded in 2019 and builds technology that connects over 100,000 GPUs, strengthening Nvidia’s integrated systems strategy. Nvidia has traditionally invested in AI startups rather than acquiring them, with its $6.9 billion Mellanox purchase in 2019 standing as its largest deal. The company recently announced a $5 billion Intel stake and other investments in AI infrastructure.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02NVIDIA has struck a deal worth more than $900 million to bring in InFabrica CEO Roshan Sankar,

00:08other employees from the AI hardware startup, and a license to its technology, according to CNBC.

00:13Transaction paid in cash and stock closed last week and marks a move similar to aqua hires at

00:18Meta and Google. InFabrica was founded in 2019 and builds technology that connects over 100,000

00:23GPUs, strengthening NVIDIA's integrated system strategy. NVIDIA has traditionally invested in

00:28AI startups rather than acquiring them with its $6.9 billion Nellonix purchase in 2019,

00:34standing as its largest deal. The company recently announced a $5 billion Intel stake

00:38and other investments in AI infrastructure. For all things money, visit Benzinga.com.

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