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

Posted under: Tech Move
Date: 2024-12-31
Nvidia Completes $700M Run:ai Deal| Justo Global

Following antitrust scrutiny over the transaction, Israeli AI startup Run:ai announced on Monday that chipmaker Nvidia had completed its acquisition of the company. Nvidia's US$700 million bid for Run:ai, which assists developers in optimizing infrastructure for AI, was unconditionally approved by the European Commission earlier in December. This came after the European Commission stated in October that EU antitrust clearance would be necessary for the purchase.

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