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Nvidia Secures EU Approval For Run:ai Deal, US Probes China Export Breach

Benzinga LogoBenzinga14h ago

Nvidia Secures EU Approval For Run:ai Deal, US Probes China Export Breach - Benzinga

Quick Summary:

The decision under the EU Merger Regulation concluded the acquisition would not raise competition concerns within the European Economic Area.Nvidia, a U.S.-based leader in GPU technology for data centers, gaming and automotive applications, aims to integrate Run: ai’s software into its ecosystem.

The European Commission granted unconditional approval Thursday for Nvidia Corp (NASDAQ:NVDA) to acquire Run:ai Labs Ltd, an Israel-based provider of GPU orchestration software.

The commission’s investigation focused on whether the merger could harm competition in two critical markets: discrete GPUs for data centers and GPU orchestration software.


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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-20 @ 15:53:38 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24569577

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 10 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #53

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