NVIDIA, a leading developer of chips for artificial intelligence technologies, has recently announced the acquisition of Israeli startup Run:AI for $700 million. This purchase is part of the company’s recent investments in Israeli companies, with another acquisition of Deci, a startup specializing in AI technology optimization. The exact amount of the Deci acquisition has not been disclosed, but an official announcement is expected soon.
Founded in 2019 by individuals from Google’s AI department and a secret unit of the IDF Air Force, Deci has developed technology that optimizes algorithms for data sets and AI platforms. This acquisition aligns with NVIDIA’s focus on advancing artificial intelligence technologies through strategic investments in innovative startups.
NVIDIA’s recent acquisitions in Israel demonstrate its commitment to driving advancements in AI technologies through collaborations with leading companies in the field. By acquiring Run:AI and Deci, NVIDIA is poised to further enhance its offerings in the AI space and solidify its position as a key player in the industry.