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How will Nvidia's competitors react to the Run:ai acquisition by the end of 2025?
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Story
EU Grants Unconditional Approval for Nvidia's $700 Million Acquisition of Israeli Startup Run:ai
Dec 20, 2024, 12:27 PM
The European Commission has unconditionally approved Nvidia Corp.'s acquisition of Run:ai, an Israeli startup specializing in GPU orchestration software for managing artificial intelligence computing resources. The approval was granted as the acquisition raises no competition concerns within the European Union. Nvidia, a leading supplier of GPUs for data centers, aims to enhance customer satisfaction and efficiency through this $700 million deal. Run:ai's platform helps companies optimize their AI computing resources across various environments, including on-premises, public clouds, and at the edge.
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