Nvidia and Modulus Financial Say They Resolved AI Software Name Dispute

Nvidia and Modulus Financial Engineering told a federal court they have resolved a dispute over the former name of Nvidia’s AI software. They requested a pause to finalize their agreement. The case had been scheduled for trial in October, but the request alone does not change that schedule.

How the name became a dispute

Modulus Financial sued Nvidia in 2024 over its use of “Modulus” for open-source software that helps developers build AI and machine-learning models. The financial software company alleged that the shared name could confuse consumers. Nvidia denied the allegation; the companies’ reported resolution is not a court finding that confusion occurred.

Modulus Financial pointed to its own place in the software market when making its case. According to its website, the Scottsdale, Arizona, company has supplied financial software to customers including JPMorgan Chase, Bank of America and Goldman Sachs since 1997. Its lawsuit also asserted that the company had gained recognition in AI. Those statements describe its position in the dispute, not a determination that Nvidia infringed its trademark.

The rename did not close the case

Nvidia described the move to Nvidia PhysicsNeMo in a court filing earlier this year. Yet the lawsuit remained pending in the U.S. District Court for the Western District of Texas, with a trial scheduled for the following month when the companies notified the court of their resolution. A changed product name and an end to the litigation were thus separate steps.

The filing did not disclose the agreement’s financial or other terms. That leaves a material question unanswered: whether the settlement requires anything beyond the name change Nvidia had already reported. For now, the companies have asked for time to complete their agreement, rather than announced its specific commitments. Their request is not itself a court order pausing the case.