Nvidia Completes $700M Acquisition of AI Software Firm Run:ai

The GPU leader plans to open-source Run:ai's platform, expanding its AI ecosystem while addressing regulatory concerns.

Nvidia has finalized its $700 million acquisition of Israeli AI software company Run:ai, announced earlier in April 2024.
Run:ai specializes in GPU orchestration software, helping organizations optimize GPU usage for AI tasks in the cloud and on-premises environments.
The acquisition faced antitrust scrutiny in the U.S. and EU, with regulators ultimately approving the deal after examining competition concerns.
Nvidia and Run:ai announced plans to open-source the platform, potentially broadening its compatibility beyond Nvidia GPUs and fostering broader AI adoption.
This move further solidifies Nvidia’s dominance in the AI sector, pressuring competitors like AMD and Intel to respond strategically.