Nvidia said on Monday it acquired AI software firm SchedMD, as the chip designer doubles down on open-source technology and steps up investments in the artificial intelligence ecosystem to fend off rising competition.

Nvidia is increasing its investment in open-source tools as part of a broader strategy to stay ahead in the rapidly growing artificial intelligence market. It has been working closely with SchedMD for over ten years, and now, with the acquisition, it will continue to invest in Slurm.

Nvidia has moved to acquire the developers behind Slurm, with the acquisition of SchedMD set to enable Nvidia users to optimize workloads across their entire compute infrastructure.

Nvidia burnished its open source credentials this week after buying the company behind the veteran Slurm scheduler and announcing a slew of open source AI models.

While one partner said Nvidia’s acquisition of Slurm maker SchedMD, announced on Monday, makes sense for its AI factory push, another raised concerns about Slurm’s future based on Nvidia’s history with a previous software acquisition.

Nvidia Corp. has acquired SchedMD LLC, a low-profile company that maintains one of the most important open-source tools in the machine learning ecosystem. The chipmaker announced the deal today. The financial terms were not disclosed.

NVIDIA announced it has acquired SchedMD — developer of Slurm, an open-source workload management system for high-performance computing and AI. NVIDIA - Read more from Inside HPC & AI News.

NVIDIA acquires SchedMD, the company behind Slurm, to strengthen open-source scheduling as AI and HPC workloads scale across enterprises and research environments.

To strengthen its open-source software ecosystem and drive AI innovations, Nvidia is acquiring software developer SchedMD.

Nvidia, the chip designer, has acquired SchedMD, an AI software company, to bolster its open-source AI technology and counter increasing competition.