Nvidia has completed its acquisition of Run:ai, an Israeli startup that helps manage and optimize AI hardware infrastructure.
As part of the merger, Run:ai said its software, which currently only works on Nvidia products, will be open sourced, meaning Nvidia rivals such as AMD and Intel can also adapt it to their own hardware. said to mean.
“We are eager to build on our gains to date, expand our talented team, and expand our product and market reach,” Run:ai told Bloomberg in a statement. “Open sourcing the software allows us to extend its availability to the entire AI ecosystem.”
Nvidia announced its intention to acquire Run:ai in April. At the time, sources told TechCrunch that the price tag was $700 million. But the deal hit regulatory hurdles. The European Commission and the US Department of Justice have launched separate investigations into whether the Nvidia acquisition is anticompetitive.
The European Commission approved the agreement in December.