Nvidia Completes $700 Million Acquisition of Run:ai After Regulatory Scrutiny
Nvidia has successfully completed its $700 million acquisition of Israeli AI startup Run:ai, following regulatory scrutiny from antitrust authorities. The European Commission granted unconditional approval for the deal earlier in December, after initially flagging concerns about potential competition issues. The acquisition, which had been under investigation due to Nvidia’s dominant position in the graphics processing unit (GPU) market, was cleared after the Commission determined it would not hinder competition. The U.S. Department of Justice is also reviewing the deal on antitrust grounds. Run:ai, known for its AI infrastructure optimization tools, announced plans to make its software open-source, extending its compatibility beyond Nvidia’s GPUs to support the broader AI ecosystem.