Nvidia to buy Israeli AI company for estimated $700M
Release time：2024-04-30 06:58:03 Source：World Wave news portal
U.S. technology giant Nvidia signed an agreement to acquire Israeli artificial intelligence company Run:ai, the two companies announced on Wednesday.
The parties did not disclose amounts, but several Israeli media estimated the deal at about 700 million U.S. dollars.
Nvidia explained that it signed the agreement to help customers make more efficient use of their AI computing resources.
Founded in 2018 and based in the coastal city of Tel Aviv, Run:ai has built an operating system tailored for the latest AI processors, leveraging advanced virtualization technologies.
Run:ai's customers include giant global companies and startups that use AI in fields such as finance, automotive, and health, alongside leading academic institutions.
According to Ndivia, among its 29,600 workers worldwide, 3,300 are employed in Israel, most of them in the northern city of Yokneam, and Tel Aviv.
Related articles
- China urges U.S. to cease sending wrong signals to "Taiwan independence" forces
- Charli D'Amelio flashes a thong in a sheer black skirt as she narrowly avoids awkward run
- China's second
- China prepares to launch Tianzhou
- Romanian artists share China travel experiences
- China's first self
- China's space environment monitoring satellites sent into space
- Chinese artists from Yunnan perform in Capital Governorate, Kuwait
- China's 1st domestically made polar icebreaker Xuelong 2 leaves HKSAR for Shanghai
- WWE star Big E reveals he may NEVER wrestle again after undergoing new neck scans, with 38
- Huawei teams up with Ethiopian telecom companies for green energy solutions
- The NBA play
- AI tech helps in early detection of pancreatic cancer
- Kobe Bryant's widow gifts sneakers from her late husband's Nike line to LA Dodgers as All
- Xi Focus: Xi Stresses Enhancing Guarantee Ability of Land Element for High
- Scientists identify new method of extracting chemicals from wastewater
- China develops robot for cultural relics protection
- China sends 9 satellites from sea
- China's scientific research activities in relevant waters for peaceful purposes
- Monster Georgia father is sentenced to 50 years in prison for poisoning his 18
Random recommendation
- Copyright © 2024 Powered by Nvidia to buy Israeli AI company for estimated $700M ,World Wave news portal sitemap