NVIDIA has received final approval to acquire Run:ai, an Israeli AI firm, according to reports from Chicago.
On Monday, NVIDIA announced that it had completed the acquisition of Run:ai following antitrust clearance.
In October, the European Commission raised concerns about the deal’s potential impact on market competition. However, NVIDIA’s $700 million bid for Run:ai, a company specializing in AI infrastructure optimization, has been unconditionally approved.
The investigation primarily focused on whether the acquisition could strengthen NVIDIA’s dominance in the GPU market, which is vital for AI applications.
The U.S. Department of Justice also investigated the deal for potential antitrust issues. This reflects the increased scrutiny from U.S. and European regulators on major tech acquisitions, who fear that such deals could limit competition.
Run:ai, which has been working to optimize AI infrastructure, plans to release its open-source software soon. Currently, its platform supports only NVIDIA GPUs, but by transitioning to an open-source model, the company hopes to expand its compatibility across the broader AI ecosystem.
NVIDIA continues to dominate the AI graphics processor market, holding about 80% of the market share.
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