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. |
Aboriginal spears taken by Captain Cook in 1770 are returned to Australia's Indigenous peopleSelena Gomez puts on a lovedVictoria Beckham reveals she stores her designer wardrobe in special heatThe UK government finally passes bill to send migrants to Rwanda. What took so long?Zendaya puts on a casual display in baggy grey TEddie Redmayne puts on a lovedThe UK government finally passes bill to send migrants to Rwanda. What took so long?Missouri hires Memphis athletic director Laird Veatch for the same role with the TigersSupreme Court to decide on Trump federal prosecution immunityBill Hader and Ali Wong can't stop giggling as the comedians leave loved