By Sheryar Siddiq
Publication Date: 2026-01-02 14:10:00
NVIDIA Corporation (NASDAQ:NVDA) ranks among the best AI stocks to buy according to analysts. NVIDIA Corporation (NASDAQ:NVDA) announced on December 15 that it had purchased AI software company SchedMD in an effort to combat growing competition by doubling down on open-source technologies and increasing investments in the artificial intelligence ecosystem.
SchedMD is the company that created Slurm, an open-source workload manager that is vital in high-performance computing (HPC) and large-scale artificial intelligence applications. NVIDIA Corporation (NASDAQ:NVDA) affirmed that Slurm will remain open source and vendor-neutral following the acquisition. As a result, the software will remain appropriate for varied setups containing hardware from various vendors.
In recent months, NVIDIA Corporation (NASDAQ:NVDA) has sought to expand its open source and open AI products.
At the beginning of December, the company launched Alpamayo-R1, a new open reasoning vision language model aimed at autonomous driving research. NVIDIA Corporation (NASDAQ:NVDA) also stated at the time that it had introduced new workflows and guidance for its Cosmos world models, which are open source according to a permissive license, helping developers better leverage the models to construct physical AI.
NVIDIA Corporation (NASDAQ:NVDA) designs and sells specialized processors, initially for gaming but now also crucial for AI, data centers,…
