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](https://cdn.brief.news/images/stories/3fffae65d63e5ef3705715c69f8c7736cc02633bbbc8488afa29b73fe69140c4c4c4252cad628d7b4ef6d24bf7b5dfc36ff0649fc0034b370c9ad43c893f685d.jpg)
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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Sources
![NVIDIA (NVDA) to Optimize AI Workloads With Run:ai Acquisition](https://cdn.brief.news/images/links/0545397c992d8397b480bb70ff7f72878d85ab4c83de4398ab561606505f90dacc014e9073d00ac2ef2bf16b4559aa77b609f390065faecce40bd999b3a837f6.jpg)
Yahoo Finance • Apr 25, 2024
NVIDIA (NVDA) to Optimize AI Workloads With Run:ai Acquisition![NVIDIA (NVDA) to Optimize AI Workloads With Run:ai Acquisition](https://cdn.brief.news/static/default-preview-images/0.png)
Nasdaq • Apr 25, 2024
NVIDIA (NVDA) to Optimize AI Workloads With Run:ai Acquisition![Nvidia acquires this Israel-based AI workload management company: All the details](https://cdn.brief.news/images/links/50ed9122d11399c45c4c31298204c62f05025e648e0c83db8290cfec50ad6a3935265ef7bbe76793d05959e68dbc93d718f6baed65474987de7a97798b59de7e.jpg)
Times Of India • Apr 25, 2024
Nvidia acquires this Israel-based AI workload management company: All the details