📰 Nvidia Finalizes Acquisition of Run:ai
Strategic move to strengthen AI infrastructure and open-source innovation.
Nvidia has officially completed its $700 million acquisition of Run:ai, marking a pivotal step in its expansion into AI infrastructure. This acquisition, announced in April, follows approval from European and U.S. regulators after a thorough antitrust review.
Run:ai, an Israeli AI startup, is known for its software that optimizes GPU systems, helping organizations maximize efficiency across AI workloads. As part of Nvidia, Run:ai plans to continue supporting the AI ecosystem while making its software open-source to extend its capabilities beyond Nvidia hardware.
The integration of Run:ai into Nvidia’s portfolio will enhance the company’s already dominant position in the AI sector, particularly in GPU-powered AI tasks. Nvidia aims to provide greater flexibility for developers, offering solutions both on-premises and through its DGX Cloud in collaboration with cloud service providers.
Founded in 2018, Run:ai has played a key role in advancing AI infrastructure. Moving forward, its team will continue to innovate under Nvidia’s leadership, contributing to the ongoing AI revolution. This acquisition strengthens Nvidia’s mission to drive the future of AI while offering businesses more versatile and powerful tools to accelerate their AI initiatives.
Source: Reuters, TechCrunch
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