The Israeli AI company Run:ai has been fully acquired by NVIDIA. Run:ai creates software to enhance AI hardware performance. 

NVIDIA will now make this application open source, suggesting that it can be used by anybody, even on hardware that isn’t NVIDIA. 

Run:ai plans to hire more people and make its tools accessible to more people. By releasing it as open source, the company intends to enable more individuals to take advantage of AI hardware.

NVIDIA is the industry leader for AI hardware. Its best-selling goods are data centre chips. NVIDIA makes tens of billions of dollars per quarter. This acquisition has added new tools to its hardware and software solutions. 

Run:ai and NVIDIA have been working together since 2020. It was started in 2018 by Ronen Dar and Omri Geller. The startup’s main goal is to make AI hardware function better. It will now be a part of NVIDIA’s ecosystem.

NVIDIA has not revealed any information on the deal. Although no formal financial information was revealed, an Israeli site earlier claimed that the acquisition was for $700 million. This is NVIDIA’s second significant investment in Israel, following its $7 billion acquisition of Mellanox Technologies in 2020.

Through the integration of Run:ai, NVIDIA will be able to enhance its products and help the global AI community with open-source solutions. Additionally, by making Run:ai’s software open source, NVIDIA will make solutions for improving AI computing efficiency available to a wider audience. Developers and organizations who employ non-NVIDIA hardware can also benefit from these possibilities. This will improve AI’s performance and make it available to more people.

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