Nvidia Acquires SchedMD In A Bid To Expand Open-Source AI Push

• The deal will bring SchedMD’s open-source software Slurm into Nvidia’s AI ecosystem.
• After the acquisition, Nvidia said it will continue to invest in SchedMD’s open-source software, which is currently used by a significant number of supercomputers on the TOP500 list.
• Earlier on Monday, the company also unveiled its latest Nemotron 3 lineup of open source AI models.

Nvidia Corp. (NVDA) announced on Monday that it has acquired AI workload management company SchedMD as it strengthens its push into open-source software.

The chip designer said that its collaboration with SchedMD spans over a decade. Under the new deal, Nvidia will continue to invest in SchedMD’s open-source software, Slurm, which is supported on the chip giant’s latest hardware. The move comes as Nvidia is amping up its efforts in open-source technology alongside its chip development to remain competitive in a surging artificial intelligence market.

“NVIDIA’s deep expertise and investment in accelerated computing will enhance the development of Slurm — which will continue to be open source — to meet the demands of the next generation of AI and supercomputing,” said Danny Auble, CEO of SchedMD.

Open-Source Efforts

SchedMD’s Slurm is a workload management system for high-performance computing (HPC) and AI used to run complex computations across diverse hardware and software ecosystems.

Slurm is vital as an infrastructure component for allocating computing resources to a variety of processes in generative AI, including model training and inference. The open-source software is used by over half of the top 10 and top 100 systems in the TOP500 list of supercomputers.

By bringing SchedMD in-house, NVIDIA seeks to bolster its open-source capabilities alongside its existing ecosystem of AI hardware. The company said that this acquisition will also improve its resource efficiency and drive AI innovation for researchers, developers, and enterprises to optimize large-scale HPC and AI systems.

Earlier on Monday, the semiconductor giant unveiled its latest Nemotron 3 lineup of open-source AI models amid reports that other open-source models, such as DeepSeek and Alibaba Group Holdings, are gaining wider adoption. Meanwhile, competitor Meta Platforms Inc. (META) is reportedly tweaking its AI strategies to shift toward more proprietary products.

How Did Stocktwits Users React?

On Stocktwits, the retail sentiment around NVDA remained ‘neutral’ over a week, and message volume stayed at ‘low’ levels at the time of writing.

Shares of NVDA are up over 1.45% on Monday at the time of writing and have surged over 34% in the past year.

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