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EU approves Nvidia's acquisition of Run:ai
The EU is Nvidia (NASDAQ: NVDA)'s takeover proposal for the Israeli startup company Run:ai was unconditionally approved.
The European Commission said the deal did not raise competitive concerns in the European Economic Area.
October,The deal came under scrutiny in Europe due to competitive concerns.
“Run:ai's current revenue is negligible, so this transaction has not reached the notification standards set out in EU merger regulations,” the European Commission saidpress releaseI mentioned it in
Furthermore, since tools to ensure compatibility are available and widely used, the committee said that Nvidia ( NVDA ) said it had no technical ability or motivation to affect GPU compatibility with competing GPU orchestration software, and customers would continue to be able to use a sufficiently reliable alternative to Run:ai.
Nvidia announced an agreement to acquire Run:ai in April. Financial terms have not been disclosed,In the pressAccording to reports, it is said that the company led by Jensen Huang paid about 0.7 billion dollars for the acquisition of Run:AI. By making it possible to execute multiple workloads in parallel, Run:ai can increase the efficiency of AI chips and reduce the number of GPUs required to complete tasks.
The European Commission said the deal did not raise competitive concerns in the European Economic Area.
October,The deal came under scrutiny in Europe due to competitive concerns.
“Run:ai's current revenue is negligible, so this transaction has not reached the notification standards set out in EU merger regulations,” the European Commission saidpress releaseI mentioned it in
Furthermore, since tools to ensure compatibility are available and widely used, the committee said that Nvidia ( NVDA ) said it had no technical ability or motivation to affect GPU compatibility with competing GPU orchestration software, and customers would continue to be able to use a sufficiently reliable alternative to Run:ai.
Nvidia announced an agreement to acquire Run:ai in April. Financial terms have not been disclosed,In the pressAccording to reports, it is said that the company led by Jensen Huang paid about 0.7 billion dollars for the acquisition of Run:AI. By making it possible to execute multiple workloads in parallel, Run:ai can increase the efficiency of AI chips and reduce the number of GPUs required to complete tasks.
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