Nvidia closes US$700 million Run:ai acquisition after regulatory hurdles

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Chipmaker Nvidia has completed its acquisition of Israeli AI firm Run:ai, the startup said on Monday (Dec 30), following antitrust scrutiny over the buyout.

Run:ai plans to make its software open-source, it said in a blog post.

An Nvidia Blackwell GPU is displayed at COMPUTEX in Taipei, Taiwan on Jun 4, 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeIsraelTaiwan

Topics: Deal European Run:ai Acquisition Commission 2024 Antitrust Scrutiny Buyout December Nvidia

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-30 @ 22:03:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 304 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24742609

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Main Topics: EconomyBusiness

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