Current location:International Intervals news portal > business
Nvidia to buy Israeli AI company for estimated $700M
International Intervals news portal2024-05-21 13:48:39【business】9People 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://yemen.liveandunplugged.org/article-91a399607.html
Very good!(311)
Related articles
- Nuggets blow 20
- Interview: China's economic landscape displays stable, diversified trend: economist
- China's industrial profits up 10.2 pct in first 2 months
- China's Xiaomi releases its first self
- Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift
- China has 3,617 listed manufacturing companies by January
- Thriving logistics reflect China's economic vitality
- Interview: Popularity of Chinese NEVs soaring in Europe, says BYD's Dutch partner
- The unstoppable duo of Emma Stone and Yorgos Lanthimos
- Wealthy New Yorkers are ditching idyllic Manhattan townhouses for doorman
Popular articles
Recommended
Kate Hudson hits the stage to debut songs from her new album Glorious at star
SOEs' AI push may transform industries
Sydney mall stabbing: Police identify the attacker who killed 6 people
ITB Berlin travel trade show kicks off
Amtrak train hits pickup truck in upstate New York, 3 dead including child
China's privately offered funds hit 20.58 trln yuan
Foreigners' tours in China to be more convenient: minister
Forex settlement data showcases upbeat prospect of yuan assets
Links
- Trump’s hush money trial will test Alvin Bragg's efforts at neutrality
- Golden Knights beat Wild 7
- Trump assails Jewish voters who back Biden: 'Should have their head examined'
- Judge in Trump’s classified files case agrees to protect witness identities
- Trump's hush money trial: What to know with jury selection to begin Monday
- Augsburg edges closer to European spot with 2
- Conservatives compelled by Trump are pushing Nebraska to adopt a winner
- Biden could miss deadline for November ballot in Ohio
- Trump's hush money trial: What to know with jury selection to begin Monday
- What to expect in Michigan's state house special elections