Nvidia closed its acquisition of Israeli software startup Run:ai following months of regulatory scrutiny across the globe. Nvidia first agreed to buy Run:ai in April, aiming to expand its reach in software for data centers where AI calculations largely take place. Run:ai’s software helps coordinate and maximize the usage of Nvidia’s AI chips. The European Commission signed off on the deal in December. The U.S. Justice Department had examined it, too, amid a broader look at potential antitrust issues arising from Nvidia’s dominance in AI chips. The deal drew scrutiny partly because Run:ai’s software could allow customers to do the same work with fewer Nvidia chips. Run:ai’s founders announced the closing in a blog post, and Nvidia confirmed it. The founders indicated in their post that usage of Run:ai’s software wouldn’t be constrained following the deal. They said the software would be made open-source, meaning it will be available for others to use and modify.

Nvidia Closes Acquisition Of Israeli Startup Run:ai

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.