Current location:Worldly Weaves news portal > politics
Nvidia to buy Israeli AI company for estimated $700M
Worldly Weaves news portal2024-05-21 12:06:39【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://niue.quotesbonanza.com/html-35c799219.html
Very good!(572)
Related articles
- Nadal returns to Roland Garros to practice amid doubts over fitness and form
- Newgarden focused only on defending Indy 500 win. Has moved past Penske cheating scandal
- Four more Georgia public universities to require standardized test in fall 2026
- Piers Morgan slams Netflix for 'failing in their duty of care' to Baby Reindeer's 'real
- Sweden beats France, Britain relegated after losing to Norway at hockey worlds
- Final Preakness at Pimlico before rebuilding stirs nostalgia mixed with relief for needed fixes
- Aggravated murder charge filed against truck driver accused of killing Utah police officer
- Brewers' Rhys Hoskins goes on 10
- I was 'brokefished' by my friend for £400
- China's FAST telescope discovers distant gas
Popular articles
Recommended
I was 'brokefished' by my friend for £400
China's tech giant Huawei hosts cloud database summit in Thailand
Free 'Buzz Book' compilation includes excerpts from Dava Sobel, Jami Attenberg
Ruiz and Lipscomb help the Nationals beat the White Sox 6
Kosovo prepares a new draft law on renting prison cells to Denmark after the first proposal failed
Pirates designate LHP Josh Fleming for assignment one night after a poor relief performance
Susanna Tapani scores her second OT winner of the series to help Boston advance to the PWHL finals
Sheriff faces questions from Arkansas lawmakers over Netflix series filmed at county jail
Links
- Police dismantle pro
- Double Dutch! Chaotic European
- Poland puts judge who defected to Belarus on wanted list, opening way to international warrant
- Police and social services missed 'critical opportunities' to save life of Arthur Labinjo
- University of California official says system has $32 billion in holdings targeted by protesters
- Mbappé farewells the French league when PSG visits Metz in final round
- Hawaii native Savannah Gankiewicz crowned Miss USA after the previous winner resigned
- JFK airport project misrepresented as not allowing bids from white, male
- Majority of EU nations want more partnerships to stem migration from countries of origin
- Love Island sign stunning model Grace Jackson for 2024 series who's already followed by Molly