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NVIDIA closes $700M Run:ai acquisition
Nvidia completes $700m Run:ai acquisition after EU approval
The focus was on
Nvidia
's potential market control over graphics processing units (GPUs), crucial for
AI
applications. Approving the deal, the EC said: “The transaction does not reach the notification thresholds set out in the
EU
Merger Regulation as Run ...
Nvidia closes $700 million Run:ai acquisition after regulatory hurdles
Chipmaker Nvidia has completed its acquisition of Israeli AI firm Run:ai, the startup said on Monday, following antitrust scrutiny over the buyout. The European Commission granted unconditional approval to Nvidia's $700 million bid for Run:ai,
Nvidia completes $700M Run:ai acquisition following antitrust scrutiny
Nvidia announced plans to acquire Run:ai, officially Runai Labs Ltd, in April. TechCrunch reported at the time that the deal was worth $700 million. Run:ai previously raised $118 million in venture funding from Tiger Global and other investors.
Nvidia’s Run:ai Acquisition Gets Approved By EU Regulator
The European Commission on Friday said it has “unconditionally” approved Nvidia’s acquisition of GPU orchestration software startup Run:ai, which the company plans to use to boost its DGX Cloud platform.
Nvidia clears regulatory hurdle to acquire Run:ai
Nvidia is estimated to be paying $700 million for the Israeli AI company. The acquisition was originally announced in April.
EU approves Nvidia's acquisition of Run:ai
Italy's data protection agency said on Friday it fined ChatGPT maker OpenAI 15 million euros ($15.58 million) after closing an investigation into use of personal data by the generative artificial intelligence application.
Nvidia’s Run:ai acquisition waved through by EU
Nvidia will face no objections to its plan to acquire Israeli AI orchestration software vendor Run:ai Labs in Europe, after the European Commission gave the deal its approval Friday.
Nvidia completes acquisition of AI infrastructure startup Run:ai
Nvidia has completed its acquisition of Run:ai, an Israeli startup that helps manage and optimize AI hardware infrastructure. As part of the merger, Run:ai said its software, which currently only works with Nvidia products,
NVIDIA’s $700 Million Deal for Run:ai Gets Final Approval
NVIDIA has acquired Israeli AI firm Run:ai for $700 million after antitrust approval, enhancing its GPU dominance in AI applications.
The Wall Street Journal on MSN
9d
EU Approves Nvidia’s Run:ai Takeover
Nvidia’s takeover of Israeli streamlining provider Run:ai cleared a key regulatory hurdle with EU approval without conditions ...
EconoTimes
11h
Nvidia Seals $700 Million Runai Deal, Navigating Antitrust Scrutiny to Expand AI Ecosystem Dominance
Chipmaker Nvidia has finalized its $700 million acquisition of Israeli start-up Runai, overcoming regulatory scrutiny in the ...
techtimes
11d
NVIDIA's Run:ai Acquisition Now Green Lighted by EU, No Competition Threats In New Deal
NVIDIA recently made a significant run towards being the highest-valued company in the world and defeating Apple, and this ...
11d
on MSN
Nvidia Ends Down Stretch With Positive News From EU Regulators
Nvidia shares slowed their recent slide into technical-correction territory Friday as the tech giant received positive news ...
22h
Nvidia closes US$700 million Run:ai acquisition after regulatory hurdles
The European Commission concluded earlier in December that Run:ai’s acquisition would not raise competition concerns.
1d
Nvidia's $700M Power Play: The AI Deal That Could Rewrite the Rulebook
What's the big deal with Run:ai? The startup's software helps AI developers squeeze maximum performance out of their hardware ...
techzine
5d
EU builds seven new AI factories
The European Commission recently allocated €1.5 billion to establish seven new or upgraded AI factories across Europe. Each ...
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