NVIDIA nears acquisition of Lepton AI, enhancing cloud-based AI presence

NVIDIA is reportedly negotiating to acquire Lepton AI, a company specializing in AI server rentals, in a deal potentially worth several hundred million dollars. This acquisition would position NVIDIA within the rapidly growing AI server leasing market, allowing it to offer cost-effective solutions for businesses seeking high-performance AI capabilities without significant upfront investments. The move aligns with NVIDIA's broader strategy to expand its presence in cloud computing and capitalize on the increasing demand for scalable AI infrastructure. Meanwhile, NVIDIA continues to see strong revenue growth, with significant interest from major cloud providers. CEO Jensen Huang has also highlighted the company's ambitions in robotics, suggesting that innovations in this area could be a key growth driver. Despite some recent declines in share price due to broader market concerns, NVIDIA's long-term trajectory remains strong, buoyed by its strategic initiatives and product innovation.