Current location:World Whirl news portal > business
Nvidia to buy Israeli AI company for estimated $700M
World Whirl news portal2024-05-21 12:22:21【business】5People 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://philippines.tom-paine.com/html-57a998975.html
Very good!(4929)
Related articles
- Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
- Video from 2022 misrepresented as footage of Baltimore bridge collapse
- Navalny's body returned to mother, spokeswoman says
- Punxsutawney Phil and wife Phyllis are parents of 2 babies
- What a blast to work at NASA. Space agency is sky
- Earthquake now eclipse, Yankees play ball amid natural phenomena
- Drug overdoses reach another record in 2022, CDC says
- Maker of defective sleep apnea devices ordered to overhaul manufacturing
- What's next for Iran after death of its president in crash?
- Never mind the overcapacity, have some dim sum! — Radio Free Asia
Popular articles
Recommended
Red Lobster seeks bankruptcy protection after closing some restaurants
Astronauts from Turkey, Italy and Sweden return to Earth, ending private space station trip
Texas bird flu patient being treated after contact with cows
Dairy cattle in Texas, Kansas test positive for bird flu
Siblings trying to make US water polo teams for Paris Olympics
With new trilateral partnership, Philippines eyes more foreign investment — Radio Free Asia
No, OJ Simpson did not admit on X to the 1994 killings of his ex
Benefit sanctions to ramp up with 'work check
Links
- Blue Jays reinstate outfielder Kevin Kiermaier from injured list
- As US spotlights those missing or dead in Native communities, prosecutors work to solve their cases
- Orthodox Russians mark Easter with night
- Bourbonnais, Shelton propel New York to 5
- Rio de Janeiro set for Madonna’s massive Copacabana beach concert that will be her biggest ever
- Arriaga, Oluwaseyi lead Minnesota United over Atlanta United 2
- Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple
- Legendary golf commentator and former Ryder Cup star Peter Oosterhuis dies aged 75
- Alison Hammond explains why she charges son Aidan, 19, rent despite being a multi
- Chrissy Teigen rocks tiny bra top under berry