FILE PHOTO: A smartphone with a displayed Nvidia logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/File Photo FILE PHOTO: Illustration shows Nvidia logo on a computer motherboard
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.
No. 3 Boise State vs. No. 6 Penn State - Tuesday, Dec. 31, 7:30 pm…
DIY INVESTING PLATFORMSAJ BellAJ BellEasy investing and ready-made portfoliosLearn MoreLearn MoreHargreaves LansdownHargreaves LansdownFree fund dealing…
“The entire NBA family sends its thoughts and support to the community of Los Angeles…
The owners of a run-down and long-vacant hotel dubbed the “black hole of Times Square”…
A Victoria Police spokeswoman said a 17-year-old boy was issued a caution in relation to…
Grandparents in ‘sheer panic’ after income is ‘ripped’ away due to Social Security’s $84,000 overpayment…