Nvidia software aims to create marketplace for AI computing power
announced a new software platform on Monday that will create a marketplace for cloud-based
artificial intelligence chips
.
Nvidia's graphics processors, or GPUs, dominate the market for training AI models and a raft of new cloud players called "neoclouds" such as CoreWeave and Nebius Group have emerged to specialize in renting out Nvidia's chips to software developers.
The Santa Clara, California-based company announced the new tool called Lepton that lets cloud computing companies sell GPU capacity in one spot.
In addition to CoreWeave and Nebius, other firms joining the Lepton platform are Crusoe, Firmus, Foxconn, GMI Cloud, Lambda, Nscale, SoftBank Corp and Yotta Data Services.
Nvidia cloud vice president Alexis Bjorlin said that despite demand surging for chips at startups and large companies, the process of finding available chips has been "very manual".
"It's almost like everyone's calling everyone for what compute capacity is available," Bjorlin told Reuters in an interview. "We're just trying to make it seamless, because it enables the ecosystem to grow and develop, and it enables all of the clouds - the global clouds and the new cloud providers - access to Nvidia's entire developer ecosystem."
Absent so far from Nvidia's Lepton partner list are major cloud providers such as
Microsoft
, Amazon Web Services or Alphabet's Google. Bjorlin said the system is designed for them to be able to sell their capacity on the marketplace if they choose.
Lepton will eventually allow developers to search for Nvidia chips located in specific countries to meet data storage requirements, Bjorlin said. It will also allow companies that already own some Nvidia chips to more seamlessly search for more to rent.
Nvidia did not disclose what the business model will be for the new software platform or say whether it would charge commissions or fees to either developers or clouds.
However, Bjorlin said developers will "still retain their own relationship to the underlying compute providers, so they've contracted directly with them."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
20 minutes ago
- News18
Jain Irrigation net profit declines 8.5 pc to Rs 11.19 cr in Jun qtr
Last Updated: New Delhi, Jul 26 (PTI) Jain Irrigation Systems on Saturday reported an 8.5 per cent fall in consolidated net profit to Rs 11.19 crore for the latest quarter ended June 2025. Its net profit stood at Rs 12.23 crore in the year-ago period. The total income rose to Rs 1,547.68 crore in the April-June period of 2025-26 from Rs 1,479.24 crore in the corresponding period of the preceding year, according to a regulatory filing. Jain Irrigation Systems Vice Chairman and Managing Director Anil Jain said, 'In Q1 of FY26, the company experienced good demand for Micro Irrigation Systems, Tissue Culture, Exports and Solar Agri Pumps. We saw good growth in revenue and margins in Hi-Tech Agri division". Due to the early monsoon in May, he said the company saw an impact on demand for pipe. 'Margins for pipe business were also under pressure due to lack of demand," Jain said. He said the company's focus towards retail and exports has shown better results in terms of revenue growth and margins. 'With well-spread monsoon and the government's commitment to investment in infrastructure, we expect revival of demand for piping business in H2FY26," Jain said. In 2024-25, the Maharashtra-based Jain Irrigation Systems had posted a net profit of Rs 25.69 crore on a total income of Rs 5,793.24 crore. The company is engaged in the manufacturing of micro irrigation systems, PVC P pipes, HDPE pipes, plastic sheets, agro-processed products, renewable energy solutions, tissue culture plants, financial services and other agricultural inputs. PTI MJH BAL BAL view comments First Published: July 26, 2025, 15:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
39 minutes ago
- Time of India
South Delhi plot resold for Rs 18 crore profit in six months
Akhil Wable , founder of DataforIndia , has acquired a 1,280-square yard plot in Vasant Vihar for Rs 113 crore from Eleannt Enterprises. The South Delhi-based real estate firm had purchased the plot for Rs 95 crore in January this year and paid Rs 6.65 crore in stamp duty. Explore courses from Top Institutes in Please select course: Select a Course Category Degree CXO Project Management Product Management PGDM Cybersecurity Data Science healthcare MCA MBA Management Artificial Intelligence Operations Management Others Leadership Data Analytics Digital Marketing others Design Thinking Public Policy Finance Technology Data Science Healthcare Skills you'll gain: Data-Driven Decision-Making Strategic Leadership and Transformation Global Business Acumen Comprehensive Business Expertise Duration: 2 Years University of Western Australia UWA Global MBA Starts on Jun 28, 2024 Get Details Sources said the local authority is not granting permission to construct on the plot due to its proximity to the ridge area. ET had reported in May that Eleannt Enterprises had bought the plot in one of the costliest land deals in South Delhi. 'South Delhi has shown a considerable appetite for real estate. The fact that only a limited inventory comes into the market, especially from owners looking to monetise their assets, means they find both investors and end-users willing to pay a premium. This has led to unprecedented price appreciation. For example, transactions in Vasant Vihar currently are happening at around Rs 9–12 lakh per sq. yd,' said Ankur Jalan, CEO of Golden Growth Fund, a Category-II real estate-focused Alternative Investment Fund (AIF). Recently, Golden Growth Fund (GGF) acquired a land parcel in Neeti Bagh in South Delhi. The real estate potential of South Delhi, one of India's most upscale regions, is estimated at Rs 5.65 lakh crore. Around 18,446 plots are available across the 42 Category A, B, and C colonies in South Delhi, with sizes ranging from 125 square yards to 1,750 square yards. The average price ranges between Rs 6–15 lakh per square yard, data showed. The Municipal Corporation of Delhi (MCD) has classified all colonies in Delhi into eight categories—A, B, C, D, E, F, G, and H. Circle rates, property tax rates, and stamp duty charges for property registration are determined based on these categories. The most lucrative colonies, those under Categories A and B, are mostly located in South Delhi. Around 3,704 plots are available in the 13 Category A colonies, with sizes ranging from 200 sq. yd to 1,200 sq. yd. Approximately 12,720 plots are available in the 27 Category B colonies, with sizes ranging from 125 sq. yd to 1,750 sq. yd, according to the data. Category A and B colonies include Mayfair Garden, Panchsheel Park (N, S, and E Blocks), Sadhna Enclave, Anand Niketan, Vasant Vihar, Shanti Niketan, Westend, Chanakyapuri, Golf Links, Jor Bagh, Sundar Nagar, Maharani Bagh, Chirag Enclave, Greater Kailash, Green Park, Gulmohar Park, and Niti Bagh, among others.
India.com
41 minutes ago
- India.com
Meet man, who saved his company from brink of bankruptcy and turned it into a 200000000000 business, he is...
Agnishwar Jayaprakash, who comes from Chennai, has achieved something truly remarkable that is an inspiration to many. He is the founder and CEO of Garuda Aerospace, a company that makes drones. In 2020, his startup was on the verge of shutting down. But during the COVID-19 pandemic, everything changed after Agnishwar used drones to sanitize government buildings and public places during the pandemic. This creative step gave his company both attention and work. The same company that was about to close soon became a Rs. 2,000 crore business. Let's take a look at his journey. His company almost closed in 2020 Before becoming an entrepreneur, Agnishwar was an international-level swimmer who represented India. Agnishwar holds 6 National Records which he created in 2012, Istanbul, Turkey at the World Short Course swimming Championships. He started Garuda Aerospace four years before the pandemic. But by 2020, things weren't going well, and he was thinking of shutting it down. That was also when the COVID-19 crisis hit the world and brought economies to a standstill. Still, Agnishwar, who strongly believed in the power of 'Garuda' (the vehicle of Lord Vishnu), didn't give up. While others were struggling, he saw a new opportunity, sanitizing buildings and public places using drones. He suggested this idea to the Tamil Nadu government, using his agriculture drones for the job. Even though the idea didn't immediately bring in official orders, it was widely covered in the media, giving his company much-needed visibility and recognition. That media exposure helped Garuda Aerospace bounce back stronger than ever. Expansion was full of challenges As time passed, Garuda Aerospace began receiving orders from different state governments to sanitize public buildings. But the journey was far from easy. During the lockdown, getting travel permission for drone pilots to move between states was a big challenge. In fact, Air India had to airlift Garuda's drones and pilots to cities like Chandigarh and Varanasi to ensure the work could be done on time. As more smart cities and even MPs and MLAs began placing orders, Garuda started gaining nationwide recognition. Around the same time in 2020, another opportunity came their way, locust attacks in Uttar Pradesh and Rajasthan. The company's agricultural drones were used to help tackle the crisis, proving how useful the technology could be. These events opened up steady revenue opportunities for Garuda Aerospace, which until then was a bootstrapped startup trying to survive. How Garuda took flight Garuda Aerospace's fortunes took a major turn when Elon Musk liked a tweet by Agnishwar Jayaprakash. That one small moment caught the attention of UK-based investor Silver Swan Investments, which led to the company getting its first funding of USD 1 million. As people started to understand more ways to use drones, new orders came in, from the Survey of India for mapping, and from companies to detect faults in wind turbines. From being almost bankrupt in early 2020, Garuda grew rapidly and reached a turnover of Rs. 15 crore by 2021–22. Around this time, the central government also began supporting the drone sector. It made policies easier and even simplified financing for buying agricultural drones. Garuda went on to form partnerships with big global names like Lockheed Martin, Canada CDL Systems, Elbit Systems, and Hindustan Aeronautics Limited (HAL). A major boost came when MS Dhoni, one of India's most loved cricketers, joined as both the brand ambassador and a co-investor. This made Garuda extremely popular, especially in rural India, and helped the company soar to new heights. Started getting support from all sides In the financial year 2022–23, Garuda Aerospace raised nearly Rs. 20 crore from investors, which took the company's valuation to Rs. 800 crore. That year, the company closed with a turnover of Rs. 47 crore. In the very next year, this figure jumped to Rs. 110 crore. Agnishwar Jayaprakash chose not to join his father's established business, but to carve out his own path. He built a company that today is worth more than his father's 25-year-old business group.
