Nvidia Completes Run:ai Acquisition
Nvidia has completed its acquisition of Israel’s Run.ai. Earlier this month, Europe gave the green light for the acquisition, and now the US is following suit.
Nvidia acquired Run.ai in April this year for $700 million. The company focuses on GPU orchestration software based on Kubernetes and should thus efficiently use clusters of graphics chips. This should help train large AI tasks via shared infrastructure. The company has been working with Nvidia since 2020 and is led by co-founder Omri Geller.
Nvidia also acquired Mellanox in 2019 for $6.9 billion. The company’s local research department in Israel now employs more than 4,000 people.
The current acquisition was subject to approval by the European and American competition authorities. There were fears that the acquisition would give Nvidia more control over the market for AI development with graphics chips, where it is already the absolute market leader.
The EU already gave the deal the green light in mid-December and believes that there is no risk to competition. Since December 30, the US Justice Department has also approved the deal, which means that all regulatory obstacles have been removed.
Run: AI currently only works with chips from Nvidia, but the company has previously said it would open-source its software. It can also be used with chips from other players.