Nvidia Pumps 700M Into Israeli Ai Startup To Boost Ecosystem

Nvidia Makes Strategic $700M Investment in Run:ai to Democratize AI Across the Ecosystem

In a move that solidifies its position at the forefront of artificial intelligence, Nvidia has completed its acquisition of Israeli-based AI infrastructure software developer Run:ai for a staggering $700 million. This strategic investment expands Nvidia’s portfolio and marks a significant milestone in the company’s commitment to making AI more accessible and versatile.

Run:ai was founded in 2018 and launched its pioneering AI software in 2020, initially designed to support Nvidia GPUs. The platform will now become open source, empowering developers and enterprises to build and deploy AI models with unprecedented speed and flexibility. By doing so, Nvidia is poised to extend its reach beyond its existing customer base and tap into the vast potential of the AI ecosystem.

As part of the deal, Run:ai’s software will be integrated into Nvidia’s growing family of AI solutions, including the popular DGX Cloud platform. This strategic integration enables enterprises to efficiently manage and optimize their compute infrastructure on-premises, in the cloud, or across hybrid environments, making it an attractive offering for businesses looking to harness the power of AI.

Nvidia’s acquisition of Run:ai marks a significant shift towards Nvidia’s open-platform philosophy, as emphasized by the co-founders of Run:ai. Ronen Dar and Omri Geller expressed their commitment to empowering AI teams with the freedom to choose the tools, platforms, and frameworks that best suit their needs. By doing so, they will continue to strengthen partnerships and work alongside the ecosystem to deliver a wide variety of AI solutions and platform choices.

The acquisition alleviated regulatory concerns regarding competition announced by Nvidia in April. With this deal now complete, Nvidia is well-positioned to capitalize on the growing demand for AI infrastructure software, further solidifying its position as a leader in the industry.

As the AI landscape continues to evolve at breakneck speed, Nvidia’s acquisition of Run:ai is a testament to the company’s vision and commitment to making AI more accessible and versatile. With this strategic investment, Nvidia drives innovation across the ecosystem, empowering developers and enterprises to build and deploy AI models with unprecedented ease and flexibility.