Nvidia reportedly gets a startup Gretel for synthetic data

Nvidia reportedly acquired Gretel, a San Diego-based startup, and has developed a platform for generating synthetic AI training data. The terms of the acquisition are unknown. The price tag is said to be a nine-digit number, and is said to be over Gretel’s recent $320 million. According to Wired.

Gretel and a team of about 80 employees will be folded into Nvidia, and the technology will be rolled out as part of the former generation AI service lawsuit for developers, Wired reported.

Gretel was like that Founded in 2019 Alex Watson, Laszlo Bock, John Myers and Ali Golshan are also CEOs of the company. The startup’s fine tunes model adds its own technology on top and packages these models together for sale.

According to CrunchBase, Gretel has raised over $67 million in venture capital from investors including Anthos Capital, Greylock and Moonshots Capital.

The acquisition of Nvidia is strategic and timely. Tech giants like Microsoft, Meta, Openai and Anthropic are already using synthetic data to train flagship AI models. The actual exhaust source of data.