Nvidia (NVDA) made two significant moves Monday that reveal where the company thinks AI development is heading: outward, not inward.
The chipmaker introduced Nemotron 3, a family of open models, data sets, and libraries built to power efficient, specialized AI agents. Think of it as Nvidia handing developers the building blocks to create AI systems that actually collaborate rather than operate in silos. The release signals Nvidia's belief that the future of AI isn't one massive model doing everything, but networks of specialized agents working in concert.
The Infrastructure Play Behind the Models
Here's where things get interesting. Alongside the Nemotron release, Nvidia acquired SchedMD, the company behind Slurm. If you're not familiar with Slurm, it's open-source software that does the unglamorous but critical work of managing computing jobs for AI and supercomputers. It queues tasks, schedules workloads, and divvies up computing power so nothing crashes when demand spikes.
Why does this matter? As AI systems balloon in size and complexity, someone needs to play traffic cop for all those computing resources. Slurm already runs on more than half of the world's top supercomputers, which means Nvidia just bought itself a seat at the infrastructure table that nearly every major AI project depends on.
Nvidia promises to keep Slurm open and vendor-neutral, which is the right move if they want to avoid spooking the research community. The acquisition isn't about locking people into Nvidia's ecosystem through the back door. It's about making sure the plumbing works as AI scales up.
How the Pieces Fit Together
The connection between Nemotron and Slurm isn't accidental. Nemotron handles the intelligent decision-making layer while Slurm manages the underlying computing workloads. Together, they create a pathway from AI training all the way through to real-world deployment.
For developers, this means scaling AI systems becomes smoother and potentially cheaper. Nvidia says it plans to invest further in Slurm's development and community support, which suggests they see this as a long-term play rather than a quick land grab.
The company certainly has the resources to back that commitment. Nvidia held $60.6 billion in cash and equivalents as of October 26, 2025. The company also became the first to hit a $4.5 trillion market cap in October, so money for strategic investments isn't exactly tight.
The Bigger Picture on Open AI
Nvidia's stock has gained over 31% year-to-date, driven largely by insatiable demand from Microsoft Corp (MSFT), Amazon.com Inc (AMZN), Meta Platforms Inc (META), and Alphabet Inc (GOOGL). These tech giants are racing to build AI infrastructure, and Nvidia's graphics processing units remain the gold standard.
But Nvidia isn't content to just sell chips. The company showcased these latest efforts at NeurIPS, emphasizing that open access accelerates innovation in areas like autonomous driving and robotics. By releasing advanced reasoning models, physical AI platforms, and data tools as open source, Nvidia is trying to expand the entire market rather than just capture a slice of it.
The strategy makes sense: the more developers building on Nvidia's platforms and tools, the more entrenched the company becomes in the AI stack. Opening up these resources lowers barriers to entry, which should drive adoption and ultimately strengthen demand for the hardware Nvidia actually sells.
It's a bet that the pie gets bigger for everyone when the tools are accessible, and that Nvidia's position at the center of AI infrastructure is secure enough to benefit from that expansion.
NVDA Price Action: Nvidia shares were down 0.64% at $175.16 during premarket trading on Tuesday.