NVIDIA announced Tuesday it acquired SchedMD, the company behind the popular Slurm workload management software. This strategic move bolsters NVIDIA's AI infrastructure capabilities. NVIDIA confirmed it will continue supporting and developing Slurm as an open-source project.
In a related announcement, NVIDIA unveiled its new Nemotron 3 family of open-source AI models. These models are designed for greater efficiency and power, aiming to compete directly with open-source alternatives.
The dual announcements generated a positive market response. NVIDIA shares rose 1.35%.