Nvidia-Run:ai deal to be reviewed under EU's merger rules

The European Union has tossed a spanner in the works of chipmaker Nvidia’s proposed acquisition of Tel Aviv-based AI workload management startup Run:ai. The deal, which was announced back in April — with a price-tag of $700 million per our sources — will be reviewed by the bloc after a request by competition regulators in Italy under the EU Merger Regulation (EUMR).The proposed transaction does not meet the EUMR’s standard notification thresholds. However EU law allows a national regulator to notify a trans ...