Nvidia closes $700M Run:ai acquisition after regulatory hurdles
Nvidia(NVDA) New York Post·2024-12-30 21:53Chipmaker Nvidia has completed its acquisition of Israeli AI firm Run:ai, the startup said on Monday, following antitrust scrutiny over the buyout.The European Commission granted unconditional approval to Nvidia’s $700 million bid for Run:ai, which helps developers optimize infrastructure for AI, earlier in December after saying in October that the deal would require EU antitrust clearance.The EU antitrust watchdog had warned that the deal threatened competition in the markets where the companies operate.Nv ...