Nvidia Completes Run:ai Acquisition After Antitrust Scrutiny

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Nvidia,Acquisition,Run:Ai

Nvidia has finalized its $700 million acquisition of Israeli AI firm Run:ai following antitrust reviews by both the European Commission and the U.S. Department of Justice. The EU approved the deal unconditionally in December, while the U.S. investigation is ongoing. Run:ai specializes in optimizing infrastructure for AI development and will open-source its software to expand its reach across the AI ecosystem.

has completed its acquisition of Israeli AI firm Run:ai, the startup said on Monday, following antitrust scrutiny over the buyout.

The EU antitrust watchdog had warned that the deal threatened competition in the markets where the companies operate.Its probe into the deal focused on practices that could strengthen Nvidia’s control over the market for graphics processing units , which are the sought-after chips often employed in AI-linked tasks.

Matt Lauer targeted by PETA for alleged sheep 'abuse' by farmers at his $9M New Zealand hideaway in bombshell findings However, the European Commission concluded earlier in December that Run:ai’s acquisition, originally announced in April, would not raise competition concerns.

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