Nvidia’s deal to buy Canadian AI startup CentML could top US$400M - The Logic

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Nvidia is acquiring CentML, a Toronto AI software startup, in a deal that could exceed US$400 million. CentML built software that helps AI models run more efficiently on underlying chips and sold subscriptions and cloud partnerships around that technology. The company raised US$30.9 million from investors before the sale, and early backers stand to see strong returns. Nvidia has also hired CentML’s CEO and several technical employees as part of the transaction. The deal fits Nvidia’s broader push to buy software companies that improve AI infrastructure efficiency.

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