Nvidia Seals $700M Run:ai Acquisition After Antitrust Approval

Nvidia Seals $700M Run:ai Acquisition After Antitrust Approval
yahoo.com

by Nauman khan • 1 month ago

Nvidia has successfully acquired Israeli AI software firm Run:AI for $700 million following antitrust approvals from regulators in Europe and the U.S. The acquisition aims to strengthen Nvidia's control over AI infrastructure and its existing 80% GPU market share. Despite concerns about potential competition issues, regulators found no evidence to block the deal. Run:AI plans to open-source its software to enhance compatibility across the AI ecosystem, promoting inclusivity in the industry.

Summarized in 80 words

Latest AI Tools

More Tech Bytes...