chip giantNvidiaOn December 30, it completed the acquisition of the Israeli AI Startups Run:ai's acquisition, a deal that was previously subject to antitrust scrutiny.
European UnionThe Commission earlier this month unconditionally approved NVIDIA's$700 million(note: currently about 5.113 billion yuan). In October, the European Union said the deal would be subject to antitrust scrutiny. Regulators had previously warned that the deal could weaken the competitive environment in both companies' markets.
NVIDIA currently dominates the artificial intelligence graphics processor market with a market share of 80%. However, the European Commission said earlier this month that the acquisition deal, originally announced in April, would not raise competition concerns.
Run:ai revealed in a blog postPlans to open source its software. "While Run:ai currently only supports NVIDIA's GPUs, open-sourcing the software will help extend the application to the entire AI ecosystem."
