Exclusive: Nvidia snaps up Kumo AI in latest acquisition

Nvidia has acquired Kumo AI, a small, four-year-old startup that develops foundation models designed to make accurate business predictions, according to two sources familiar with the deal.

Kumo’s three co-founders, Vanja Josifovski, Hema Raghavan, and Jure Leskovec, transitioned to Nvidia last month, the sources said. While the founders’ LinkedIn profiles have been updated, and now describe them as Nvidia employees, the Kumo website makes no mention of the change.

The financial terms of the deal could not be learned. Nvidia, which has acquired numerous AI startups in recent years, declined to........

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