Nvidia closes $700M Run:ai acquisition after regulatory hurdles

Nvidia closes $700M Run:ai acquisition after regulatory hurdles

The European Commission granted unconditional approval to Nvidia’s $700 million bid for Run:ai, which helps developers optimize infrastructure for AI, earlier in December after saying in October that the deal would require EU antitrust clearance.

“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.

Regulators on both sides of the Atlantic have recently stepped up their scrutiny of tech giants’ acquisitions of startups on concerns that such deals may shut down potential rivals.

Its probe into the deal focused on practices that could strengthen Nvidia’s control over the market for graphics processing units (GPUs), which are the sought-after chips often employed in AI-linked tasks.

Run:ai plans to make its software open-source, it said in a blog post.

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