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NVIDIA spends $700 million to acquire Run:ai, further consolidating its position in the AI field
AI giant Nvidia continues its strategic acquisition push, announcing today that it will acquire an Israeli startup to make AI chips more efficient. The chipmaker has signed a "definitive agreement" to acquire Run:ai, a provider of Kubernetes-based software that helps optimize AI applications and workloads on graphics processing units (GPUs). Although the exact amount has not been disclosed, the deal will be close to $700 million, people familiar with the matter told TechCrunch. Previous discussions had pegged the acquisition price tag at a higher $1 billion…- 2.2k
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Nvidia reportedly interested in acquiring AI infrastructure virtualization startup Run:ai for up to $1 billion
According to foreign media SiliconANGLE, Nvidia intends to acquire AI infrastructure virtualization startup Run:ai, with the transaction amount up to US$1 billion (currently about RMB 7.2 billion). Run:ai's workload management platform of the same name was recently the first to obtain Nvidia DGX SuperPOD certification. Its AI orchestration technology can help users easily run AI and machine learning projects to meet the growing requirements for generative AI and large models. Run:ai is led by its CEO Omri Geller (O…- 1.3k
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