ReferIndia News Nvidia spent over $900 million to hire Enfabrica CEO, license technology, CNBC reports

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Nvidia spent over $900 million to hire Enfabrica CEO, license technology, CNBC reports

Published on: Sept. 19, 2025, 9:40 a.m. | Source: The Economic Times

Nvidia has acquired AI hardware startup Enfabrica for over $900 million in cash and stock, bringing on its CEO Rochan Sankar and staff. Enfabrica's technology addresses the challenge of efficiently connecting vast numbers of AI chips, preventing bottlenecks. The deal mirrors recent moves by Meta and Google to bolster their AI capabilities through acquisitions and talent acquisition.

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