NVIDIA Acquires CentML to Boost AI Model Optimization and Training Capabilities

NVIDIA Corporation (NASDAQ:NVDA) ranks among the best FAANG stocks to buy according to hedge funds. According to The Logic, NVIDIA Corporation (NASDAQ:NVDA) bought Canadian AI firm CentML on June 27, integrating its personnel and leadership.

NVIDIA Acquires CentML to Boost AI Model Optimization and Training Capabilities

Founded in 2022, CentML is a machine learning company that offers an optimization platform to improve the performance and affordability of AI model training and deployment. NVIDIA Corporation (NASDAQ:NVDA) already had ties to the firm, having invested in CentML’s US$27 million seed fundraising round in October 2023. In November 2024, CentML also became a member of NVIDIA’s accelerator program, which granted the firm access to technical resources and hardware savings.

The Logic further states that NVIDIA Corporation (NASDAQ:NVDA) has employed at least 15 engineers and two interns from CentML this month, based on their LinkedIn profiles.

NVIDIA Corporation (NASDAQ:NVDA), a world leader in networking and graphics processing, provides GPUs for the AI, gaming, HPC, and other industries. The company’s products span data centers, gaming, professional visualization, and the automotive markets.

While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

Disclosure: None.