Nvidia’s $700M Power Play: Acquires Run:ai and Opens the GPU Party

As 2024 wraps up, Nvidia triumphantly completed its $700M acquisition of Israeli AI startup Run:ai in December, after overcoming hefty regulatory hurdles. Run:ai’s software, famed for optimizing AI workloads on GPUs, will now be open-sourced, inviting AMD and Intel to the optimization dance floor. With Nvidia already dominating 80% of the GPU market, this strategic move not only cements their AI infrastructure lead but also sweetens the competitive landscape. Who knew generosity could be so profitable?