Chip Giant Strikes Again! Nvidia Acquires AI Startup Run:ai for $700 Million
Chip giant Nvidia is expanding its territory once again. Recently, Nvidia officially announced the acquisition of Israeli artificial intelligence startup Run:ai for $700 million. This deal has passed through the stringent scrutiny of regulatory bodies in Europe and the US, paving the way for Nvidia to further cement its dominance in the AI field. As the absolute leader in the GPU market, Nvidia currently holds about 80% of the market share. This strong position has attracted the attention of regulators. The European Commission raised concerns about the acquisition in October, fearing it could harm the market.
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