Nvidia acquires AI workload management startup Run:ai

From techcrunch.com

Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for developers and operations teams to manage and optimize their AI hardware infrastructure, for an undisclosed sum.

Ctech reported earlier this morning the companies were in “advanced negotiations” that could see Nvidia pay upwards of $1 billion for Run:ai. Evidently, the negotiations went on without a hitch.

A source close to the matter tells TechCrunch that the exact price tag was $700 million.

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