NVIDIA · 2026-06-03 · major
NVIDIA Acquires Kumo AI for Over $400M — Predictive Foundation-Model Startup With Reddit, DoorDash, and Walmart on the Customer List Joins NVIDIA, Cofounders Vanja Josifovski, Hema Raghavan, and Stanford's Jure Leskovec Already Inside
NVIDIA buys four-year-old predictive-AI startup Kumo for more than $400M. The three cofounders quietly moved to NVIDIA last month and the Kumo site has not posted any change.
NVIDIA buys predictive-foundation-model maker Kumo AI for >$400M to bolt structured-data inference onto its enterprise stack.
Key specs
| Deal size | ≥$400M |
|---|---|
| Prior funding | $37M |
| Kumo rfm sap salt acc. | 89% |
| Xgboost baseline | 75% |
| Gpt 4 + auto ml baseline | 63% |
What is it?
Kumo AI built KumoRFM, a relational foundation model that answers predictive questions — churn risk, fraud likelihood, lifetime value — directly on a customer's data warehouse. The four-year-old company had raised $37M in a 2022 round with Sequoia leading. NVIDIA has now bought the firm for more than $400M and absorbed cofounders Vanja Josifovski (CEO), Hema Raghavan (head of engineering), and Jure Leskovec (chief scientist, Stanford computer scientist).
How does it work?
KumoRFM pretrains on billions of relational patterns by treating a warehouse schema as a graph of nodes and edges instead of independent rows. It then fine-tunes to a specific Snowflake or Databricks schema, after which users issue SQL-like natural-language queries and get calibrated predictions. Kumo claims 89% accuracy on the SAP SALT benchmark vs 75% for a PhD-with-XGBoost baseline and 63% for GPT-4 with AutoML.
Why does it matter?
NVIDIA already sells GPUs to every enterprise running predictive analytics. Owning the foundation model on top means NVIDIA can package the inference layer for Snowflake, Databricks, and SAP shops alongside its hardware — and gains a customer list that includes Reddit, DoorDash, Walmart, Expedia, Catalina, iFood, and J Sainsbury plc. Kumo declined to comment and the company's own site still does not mention the deal.
Who is it for?
enterprise data teams, NVIDIA partners on Snowflake/Databricks, predictive-analytics buyers
Try it
https://kumo.ai/