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Nvidia Strengthens AI Dominance with Acquisition of Israeli Tech Firm
Nvidia acquires Israel-based Run: ai, which specializes in AI software. Run: AI provides services on the Kubernetes platform to manage generative AI and other complex workloads across multiple infrastructures, enhancing NVIDIA DGX Cloud.
Nvidia announced the acquisition of Israel-based startup Run: AI, which specializes in managing AI software projects and helping business teams optimize AI hardware infrastructure. Though there is no official word on financing the deal, reports indicate that Nvidia may have paid around $700 million for its acquisition.
“Run: ai has been working closely with Nvidia since 2020, and we share a passion for helping our customers get the most out of their businesses,” said Run: ai co-founder and CEO Omri Geller.
“We are excited to join Nvidia and look forward to continuing our journey together,” added Geller.
What services does Run: ai offer
Run.ai has been an open platform on Kubernetes, the orchestra of modern AI and cloud infrastructure. As client AI deployments become more complex, with distributed workloads in the cloud and edge-on-premise data center infrastructure,
Run.ai offers sophisticated configuration services to manage and configure generative AI, recommender systems, search engines, and other functions needed.
Nvidia said it will continue to offer Run:ai products under the same business model for the foreseeable future.
“And Nvidia will continue to invest in the Run: ai product roadmap as part of Nvidia's DGX Cloud, an AI platform partnered with leading clouds for enterprise developers, to deliver integrated, full-stack optimized services generative AI for,” the company added.
Nvidia's computing platform and Run: AI platform will continue to support. An extensive ecosystem of third-party solutions, giving its customers choice and flexibility. Run AI, and Nvidia customers can source GPU solutions from anywhere.
Conclusion: As Nvidia's AI dominance continues to grow, driven by strategic acquisitions and relentless innovation, the company is still poised to shape an AI-powered future based on strength and a clear strategic vision to unlock Nvidia's new and unprecedented opportunities in AI technology in the coming years. It is well-positioned for growth.