Chip Maker Nvidia Acquires Run:Ai likely For USD 700 Million By CIOTechOutlook Team

Chip Maker Nvidia Acquires Run:Ai likely For USD 700 Million

CIOTechOutlook Team | Thursday, 25 April 2024, 06:36 IST

Nvidia, a US-based chip giant, said it has acquired Run: ai, a Tel Aviv-based responsibility the board and organization software provider. According to reports, the deal could be worth around $700 million.

The Israeli-based firm provides efficient cluster resource use for artificial intelligence responsibilities across a shared accelerated computing framework. The company has developed an open platform based on Kubernetes, the orchestration layer for modern AI and cloud infrastructure.

"Run:ai has been a close collaborator with Nvidia since 2020 and we share a passion for helping our customers make the most of their infrastructure," said Omri Geller, Run:ai cofounder and CEO.

"We're thrilled to join Nvidia and look forward to continuing our journey together," Geller added.

Run: ai empowers venture customers to oversee and enhance their register foundation, whether on-premises, in the cloud or in half-breed conditions. The chip maker said its DGX and DGX Cloud users will get close enough to Run: ai's abilities for their AI workloads, especially for huge language model arrangements.

Nvidia's accelerated computing platform and Run: ai's platform will continue to support a broad ecosystem of third-party solutions, giving customers choice and flexibility.

Nvidia's sped up processing stage and Run: ai's foundation will support an expansive broad system of outsider arrangements, giving user decision and adaptability.

Nvidia is an American multinational corporation and innovation organization based in St Nick Clara, California, and consolidated in Delaware.It is a product and fabless organization that plans and supplies graphics processing units (GPUs), application programming interfaces (APIs) for data science and superior execution processing, and framework on chip units (SoCs) for the mobile computing and car market. The firm is also a predominant provider of artificial intelligence (AI) equipment and programming.