Nvidia Acquires Kumo AI to Bolster Predictive Analytics Capabilities

Summary

Nvidia has acquired Kumo AI, a four-year-old startup specializing in foundation models designed for accurate business predictions. The acquisition brings on board Kumo's three co-founders—Vanja Josifovski, Hema Raghavan, and Jure Leskovec—who have transitioned to Nvidia roles, though the company has not disclosed financial terms. Kumo had previously raised $37 million from investors including Sequoia Capital and had secured notable customers such as DoorDash, Reddit, and U.K. grocery chain Sainsbury's.

Kumo's technology enables instant predictions across business use cases—from customer churn to credit risk—without requiring additional model training. The startup's RFM foundation model allows users to point the model to their data, define their prediction goal, and receive results in seconds, a significant advancement over traditional time-consuming predictive analytics. This acquisition represents Nvidia's continued effort to strengthen its full-stack AI ecosystem by acquiring complementary technologies and talent.

The deal is part of Nvidia's aggressive M&A strategy, which has seen the company acquire over 100 AI startups in recent years. Recent high-profile acquisitions include a $20 billion acqui-hire of Groq in December 2025, the acquisition of data semantics company Illumex in February 2026, and a $700 million purchase of orchestration software company Run.ai in April 2024. Kumo AI's expertise in predictive modeling adds another strategic capability to Nvidia's expanding portfolio.

• Kumo had raised $37 million in venture funding from Sequoia Capital and others before the acquisition
• The move strengthens Nvidia's strategy to build a comprehensive full-stack AI ecosystem