OctoAI was acquired by NVIDIA Corporation in September 2024 and was dissolved as an independent corporate entity. OctoAI is an efficient, customizable, reliable generative AI platform to build and run production applications at the best price and performance. OctoAI puts customers in control with end-to-end solutions for text and media generation, with the ability to run open source models (e.g. Llama 3.1, SD3) custom models, or a mix of both. OctoAI private deployment, known as OctoStack, allows customers to run generative AI in their own environment, including any cloud platform, VPC, or on-premise, offering full control over data. OctoAI is based in Seattle, Washington and is backed by Madrona Venture Partners, Amplify Partners, Tiger Global, and Addition Capital.