OctoAI, formerly known as OctoML, is a Seattle-based startup specializing in tools that facilitate the efficient deployment of generative AI models. Founded in 2019 as a spin-off from the University of Washington, the company has developed solutions that enable businesses to run, fine-tune, and manage AI models across diverse hardware and cloud environments. Their flagship product, OctoStack, provides a complete technology stack for serving generative AI models, allowing organizations to maintain control over data, model selection, and deployment settings.
In September 2024, OctoAI was acquired by NVIDIA for over $250 million, reflecting NVIDIA’s commitment to enhancing its AI infrastructure capabilities. This acquisition underscores OctoAI’s significance in the AI industry, particularly in providing flexible and efficient solutions for AI model deployment. The integration with NVIDIA is expected to further advance the development and accessibility of AI tools for enterprises.
