Nvidia Completes Acquisition of AI Startup Run:AI

Chipmaker Nvidia has completed its acquisition of Israeli AI startup Run:AI, the startup announced on Monday, after undergoing antitrust scrutiny for the deal. “This marks the conclusion of one extraordinary chapter in Run:ai’s journey and the beginning of an exciting new one in a new home,” the GPU Orchestration Software Provider said on December 30.

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Nvidia’s Acquisition of Run:AI

The European Commission reportedly granted unconditional approval to Nvidia’s USD 700 million bid for Run:ai earlier in December, after saying in October that the deal would require EU antitrust clearance.

In April, Nvidia announced it had entered into a definitive agreement to acquire Run:ai, a Kubernetes-based workload management and orchestration software provider. According to Nvidia, the startup promotes efficient cluster resource utilisation for AI workloads across shared accelerated computing infrastructure.

Run:AI’s Platform Optimises AI Workloads

Run:ai enables enterprise customers to manage and optimise their compute infrastructure, whether on-premises, in the cloud or in hybrid environments. Run:ai’s customers include some of the world’s largest enterprises across multiple industries, which use the Run:ai platform to manage data-center-scale GPU clusters.

“We will continue to strengthen our partnerships and work alongside the ecosystem to deliver a wide variety of AI solutions and platform choices,” Run:ai said in a blog post.

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Open-Sourcing Software

Run:ai plans to open source the Run:ai software to help the community build better AI, faster. “While Run:ai currently supports only Nvidia GPUs, open-sourcing the software will enable it to extend its availability to the entire AI ecosystem,” it said.