Run:ai Joins Nvidia in a Landmark $700M Deal

In a significant development in the AI infrastructure sector, Israeli AI startup Run:ai Labs Ltd announced on Monday that Nvidia has officially completed its $700 million acquisition. This move is set to reshape the landscape of AI technology and infrastructure.

Commitment to Open-Source and Global Impact

Run:ai has also declared its intention to open-source its software, aiming to broaden its influence and foster innovation within the AI ecosystem. This decision underscores the company's commitment to advancing AI technology on a global scale.

Regulatory Approvals and Investigations

The European Commission greenlighted the merger on December 30, asserting that it would not stifle competition within the European Economic Area. Conversely, the US Department of Justice has initiated an investigation into the acquisition, citing potential antitrust concerns as reported by Politico.

Founders' Vision for the Future

Since its inception in 2018, Run:ai has been dedicated to optimizing AI infrastructure for businesses worldwide. "We are excited to continue this journey as part of NVIDIA. With AI and accelerated computing transforming the world at an unprecedented pace, we believe this is merely the beginning," stated founders Omri Geller and Ronen Dar.