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. |
Cavaliers C Jarrett Allen ruled out for Game 6 of firstKing Charles takes on more than 200 new patronages from late QueenAdin Hill flashes old playoff form as Golden Knights beat Stars 2Third round of China Open canceled because of thunder and lightning. Event shortened to 54 holesA group of Republicans has united to defend the legitimacy of US elections and those who run themKate Hudson makes TV debut performing as singer on The Tonight Show Starring Jimmy FallonA Chinese driver is praised for helping reduce casualties in a highway collapse that killed 48Toney's goal drought continues after Brentford draws 0Machete attack victim, 19, 'murdered by two 12Kim Kardashian wears long blonde wig for pouty selfie after surprising fans with bra size reveal