Nvidia agrees to acquire Israeli AI software provider Run:ai
https://www.siliconvalley.com/2024/04/25/nvidia-agrees-to-acquire-israeli-ai-software-provider-runai/
Nvidia Corp. has agreed to acquire Israeli startup Run:ai, which develops software for handling artificial intelligence computing resources.
Run:ai has been a close collaborator with Nvidia since 2020, the Santa Clara, California-based chipmaker said in a statement on Wednesday. It didn’t disclose the terms of the deal, but Israeli newspaper Calcalist pegged the value of the transaction at $700 million.