TechCrunch Daily Crunch Nvidia acquires synthetic data startup Gretel
Mar 20, 2025
NVIDIA makes waves by acquiring synthetic data startup Gretel, aiming to enhance its AI capabilities. The conversation touches on the quirky financials at X, now valued at $44 billion under Elon Musk's leadership. Additionally, excitement builds around fresh investments in cybersecurity and robotics, spotlighting Hunted Labs and Terra AI. Explore how these advancements could revolutionize automated driving and robotics, all while keeping the tech landscape engaging and unpredictable!
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Blue Sky T-Shirt Sales
- Blue Sky CEO Jay Graber wore a t-shirt mocking Meta's CEO Mark Zuckerberg at SXSW.
- The shirts sold so well that Blue Sky made more money from them in a day than in two years of selling custom domains.
X Valuation Rebounds
- X's valuation has rebounded to $44 billion after Elon Musk bought it for the same price in 2022.
- Despite revenue drops, X's adjusted earnings before interest, taxes, depreciation, and amortization remained stable at $1.2 billion.
NVIDIA Acquires Gretel
- NVIDIA acquired Gretel, a synthetic data startup, for a nine-figure sum, exceeding Gretel's $320 million valuation.
- Gretel's technology and team will integrate into NVIDIA's generative AI services.