NVIDIA Snaps Up Israeli AI Firm Run:ai for $700M to Boost Computing Power

April 27, 2024
NVIDIA Snaps Up Israeli AI Firm Run:ai for $700M to Boost Computing Power
  • NVIDIA has acquired Israeli AI company Run:ai for approximately $700 million.

  • Run:ai's expertise in Kubernetes-based workload management will bolster NVIDIA's AI computing capabilities.

  • The acquisition is part of NVIDIA's strategy for long-term growth through innovation and strategic purchases.

  • NVIDIA will maintain Run:ai's current business model and invest in the product's integration with NVIDIA DGX Cloud.

  • The move aims to improve efficiency and GPU infrastructure management, and provides flexibility for AI workload deployment.

Summary based on 15 sources


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