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Nvidia Completes $700 Million Acquisition of Israeli Startup Run:ai, Which Orchestrates GPU Clouds, Amid Regulatory Scrutiny
Dec 30, 2024, 02:05 PM
Nvidia has successfully completed its acquisition of Israeli startup Run:ai for $700 million. The acquisition, which faced regulatory scrutiny, is aimed at enhancing Nvidia's capabilities in managing GPU resources for artificial intelligence applications. Run:ai specializes in orchestrating GPU clouds, providing software solutions that optimize the performance of computing hardware used in AI. Following the acquisition, Nvidia plans to open source Run:ai's software to further benefit companies utilizing GPU technology.
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