Nvidia said on Monday it acquired AI software firm SchedMD, as the chip designer doubles down on open-source technology and steps up investments in the artificial intelligence ecosystem to fend off rising competition. The chip designer built its reputation on speedy chips, but it also offers a range of its own AI models, from physics simulations to self-driving vehicles, as open-source software that researchers and companies can use. Nvidia said it would continue to distribute SchedMD's software on an open-source basis.
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