“Open innovation is the foundation of AI progress” says Jensen Huang as Nvidia reveals big open source AI push - major acquisition sealed and new models on the way
PositiveTechnology

- Nvidia has announced the acquisition of SchedMD and the launch of Nemotron 3, an open-source AI model designed to enhance multi-agent workflows through improved datasets, tools, and libraries. This initiative underscores the company's commitment to open innovation as a driving force in AI development, as stated by CEO Jensen Huang.
- This strategic move is significant for Nvidia as it solidifies its position as a leader in the AI sector, particularly in the realm of open-source technologies. The acquisition of SchedMD is expected to bolster Nvidia's capabilities in managing complex AI workflows.
- The launch of Nemotron 3 and the acquisition align with Nvidia's recent financial success, reporting a 65% profit increase to $31.9 billion. This growth reflects the rising demand for AI infrastructure, amidst ongoing discussions about the competitive landscape in AI, particularly concerning advancements from other tech giants and concerns about potential market bubbles.
— via World Pulse Now AI Editorial System

