Nvidia acquires AI workload management startup Run:ai

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Nvidia is acquiring Run:ai, a startup that makes it easier for developers and operations teams to manage and optimize their AI infrastructure, for an undisclosed sum.

Ctech reported earlier this morning the companies were in “advanced negotiations” that could see Nvidia pay upwards of $1 billion for Run:ai. Evidently, those negotiations went well.

Nvidia says that it’ll continue to offer Run:ai’s products “under the same business model” for the immediate future, and invest in Run:ai’s product roadmap as part of Nvidia’s DGX Cloud AI platform.

“Run:ai has been a close collaborator with Nvidia since 2020 and we share a passion for helping our customers make the most of their infrastructure,” Omri Geller, Run:ai’s co-founder and CEO, said in a statement. “We’re thrilled to join Nvidia and look forward to continuing our journey together.”



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Nvidia acquires AI workload management startup Run:ai


Nvidia is acquiring Run:ai, a startup that makes it easier for developers and operations teams to manage and optimize their AI infrastructure, for an undisclosed sum.

Ctech reported earlier this morning the companies were in “advanced negotiations” that could see Nvidia pay upwards of $1 billion for Run:ai. Evidently, those negotiations went well.

Nvidia says that it’ll continue to offer Run:ai’s products “under the same business model” for the immediate future, and invest in Run:ai’s product roadmap as part of Nvidia’s DGX Cloud AI platform.

“Run:ai has been a close collaborator with Nvidia since 2020 and we share a passion for helping our customers make the most of their infrastructure,” Omri Geller, Run:ai’s co-founder and CEO, said in a statement. “We’re thrilled to join Nvidia and look forward to continuing our journey together.”



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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