Nvidia’s deal to buy Canadian AI startup CentML could top US$400M - The Logic
TORONTO — Nvidia’s deal to acquire Canadian AI startup CentML could exceed US$400 million in value, The Logic has learned.
The Santa Clara, Calif.-based chip giant, the world’s most valuable company by market capitalization, beat out other interested bidders for the Toronto-based firm, according to two people with knowledge of the deal.
Talking Points
CentML’s sale to Nvidia could be worth more than US$400 million after adjustments including earn-outs for meeting undisclosed performance targets,...
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