NVIDIA Snaps Up Israeli AI Firm Run:ai for $700M to Boost Computing Power
April 26, 2024
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
Get a daily email with more Tech stories
Sources

Yahoo Finance • Apr 25, 2024
NVIDIA (NVDA) to Optimize AI Workloads With Run:ai Acquisition
Nasdaq • Apr 25, 2024
NVIDIA (NVDA) to Optimize AI Workloads With Run:ai Acquisition
Times Of India • Apr 25, 2024
Nvidia acquires this Israel-based AI workload management company: All the details