Nvidia completes acquisition of Israeli software startup Run:ai
ndtv.com —
Nvidia has finalized its acquisition of Israeli software startup Run:ai, which specializes in optimizing computing hardware for AI applications. The deal's value remains undisclosed, but reports suggest it was around $700 million. Run:ai's software will be open-sourced, allowing broader access for users of Nvidia's technology and potentially benefiting competitors' hardware as well. The company aims to expand its team and market presence following the acquisition. This acquisition follows Nvidia's previous major deal in Israel, the $7 billion purchase of Mellanox Technologies in 2020. Run:ai has collaborated with Nvidia since 2020, enhancing their partnership.