Current location:Stellar Series news portal > politics
Nvidia to buy Israeli AI company for estimated $700M
Stellar Series news portal2024-04-30 09:03:53【politics】4People have gathered around
IntroductionU.S. technology giant Nvidia signed an agreement to acquire Israeli artificial intelligence company
U.S. technology giant Nvidia signed an agreement to acquire Israeli artificial intelligence company Run:ai, the two companies announced on Wednesday.
The parties did not disclose amounts, but several Israeli media estimated the deal at about 700 million U.S. dollars.
Nvidia explained that it signed the agreement to help customers make more efficient use of their AI computing resources.
Founded in 2018 and based in the coastal city of Tel Aviv, Run:ai has built an operating system tailored for the latest AI processors, leveraging advanced virtualization technologies.
Run:ai's customers include giant global companies and startups that use AI in fields such as finance, automotive, and health, alongside leading academic institutions.
According to Ndivia, among its 29,600 workers worldwide, 3,300 are employed in Israel, most of them in the northern city of Yokneam, and Tel Aviv.
Address of this article:http://britishvirginislands.whetstonetavern.com/news-57f199821.html
Very good!(4632)
Related articles
- Chinese business group 'shocked, dissatisfied' over EU raids on Chinese company
- Matt Ryan calls it a career. The quarterback officially announces his retirement
- Jac Caglianone's 9
- Welcome to Britain's strictest estate: How neighbours have to follow a 32
- Goldman Sachs upbeat on A shares
- Walz appointments give the Minnesota Supreme Court its first female majority in decades
- INTERVIEW: ‘There's exposure across Wall Street’ — Radio Free Asia
- New Hampshire getting $20M grant to help reconstruct coastal seawalls
- Emily Henry interview: The secret to having a healthy relationship with love
- Bill allowing parents to be fined for child's criminal offenses heads to Tennessee governor
Popular articles
Recommended
At least 15 killed in Israeli airstrikes on Rafah
Bill allowing parents to be fined for child's criminal offenses heads to Tennessee governor
Serie A title, second star and derby: Inter takes it all with win over Milan
William Strickland, a longtime civil rights activist, scholar and friend of Malcom X, has died
Not just for trolls! Four
Trump's $175 million bond in New York civil fraud judgment case is settled with cash promise
I left my McDonald's Big Mac out for a year
Defund Columbia: Robert Kraft pulls his money as other donors blast 'f*****g crazy' anti
Links
- Xi Congratulates U.S.
- NYC paints Black Lives Matter mural in front of Trump Tower
- Key Takeaways from Xi's State Visit to Vietnam
- UK announces fresh measures to support jobs, spur recovery amid coronavirus crisis
- China's second domestically
- Xi Urges All
- Peng Liyuan Visits Vietnam National University, Hanoi
- Bustling Lantern Festival witnesses China's economic vitality and creativity
- Primary, secondary schools reopen in Ireland under phased plan
- Italy to cut red tape, speeding up economic recovery amid coronavirus emergency