Nvidia running away with US$700 million Run:ai acquisition following EU approval

Nvidia has finalized its US$700 million acquisition of Israeli AI infrastructure optimization firm Run:ai following regulatory clearance from the European Commission.

The deal, announced in April, received unconditional EU approval in December despite initial competition concerns regarding Nvidia’s 80% market share in AI graphics processors.

The European Commission had investigated whether the acquisition would strengthen Nvidia’s GPU market dominance but ultimately concluded it wouldn’t harm competition.

Run:ai announced plans to make its software open-source, potentially expanding beyond Nvidia GPUs to “the entire AI ecosystem,” according to a company blog post.

The US Department of Justice continues to investigate the acquisition on antitrust grounds.

This development comes amid increased regulatory scrutiny of tech giants’ startup acquisitions in both the US and EU, with regulators concerned about potential anti-competitive effects.

Yet the acquisition highlights ongoing consolidation in the AI infrastructure space and growing regulatory attention to market concentration.

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