No financial details about the acquisition have been disclosed but estimates are that Nvidia is paying $680-$720 million for the Tel Aviv-based company.
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. CTech reported earlier this morning the companies were in "advanced negotiations" that could see Nvidia pay upwards of $1 billion for Run:ai. Nvidia says that it'll continue to offer Run:ai’s products "under the same business model" and invest in Run:ai's product roadmap as part of Nvidia's DGX Cloud AI platform, which gives enterprise customers access to compute infrastructure and software that they can use to train models for generative and other forms of AI.
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Google and Tel Aviv University said they are continuing their ongoing collaboration and launched a new three-year program for the promotion of Artificial Intelligence (AI) and data science research, through the TAD – Center for Artificial Intelligence & Data Science at TAU, headed by Prof. Meir Feder (from The Iby and Aladar Fleischman Faculty of […]