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The TechCrunch article announces that Nvidia, a major player in the AI industry, is acquiring the AI workload management startup, Run:ai, for $700 million. Run:ai, based in Tel Aviv, provides solutions that simplify the management and optimization of AI hardware infrastructure for developers and operation teams. The acquisition will integrate Run:ai's capabilities into Nvidia's DGX Cloud AI platform, enhancing compute infrastructure and software for enterprise customers. Run:ai's co-founders, Omri Geller and Ronen Dar, along with their third co-founder, Meir Feder, developed a unique platform to distribute AI models across hardware in parallel. Prior to the acquisition, Run:ai had raised $118 million in capital and established a large customer base of Fortune 500 companies.
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The TechCrunch article announces that Nvidia, a major player in the AI industry, is acquiring the AI workload management startup, Run:ai, for $700 million. Run:ai, based in Tel Aviv, provides solutions that simplify the management and optimization of AI hardware infrastructure for developers and operation teams. The acquisition will integrate Run:ai's capabilities into Nvidia's DGX Cloud AI platform, enhancing compute infrastructure and software for enterprise customers. Run:ai's co-founders, Omri Geller and Ronen Dar, along with their third co-founder, Meir Feder, developed a unique platform to distribute AI models across hardware in parallel. Prior to the acquisition, Run:ai had raised $118 million in capital and established a large customer base of Fortune 500 companies.
SummaryBot via The Internet
April 24, 2024, 4:53 p.m.