EU approves Nvidia's acquisition of Run

Nvidia clears regulatory hurdle to acquire Run:ai
Nvidia is estimated to be paying $700 million for the Israeli AI company. The acquisition was originally announced in April.
Nvidia’s Run:ai Acquisition Gets Approved By EU Regulator
The European Commission on Friday said it has “unconditionally” approved Nvidia’s acquisition of GPU orchestration software startup Run:ai, which the company plans to use to boost its DGX Cloud platform.
Nvidia’s Run:ai acquisition waved through by EU
Nvidia will face no objections to its plan to acquire Israeli AI orchestration software vendor Run:ai Labs in Europe, after the European Commission gave the deal its approval Friday.
Commission clears NVIDIA’s Run:ai acquisition
The European Commission unconditionally approved on Friday (20 December) the acquisition of Israeli AI chip software company Run:ai by US chip maker NVIDIA, saying there is still ample competition in the sector.
EU Approves Nvidia’s Run:ai Takeover
Nvidia’s takeover of Israeli streamlining provider Run:ai cleared a key regulatory hurdle with EU approval without conditions.
Nvidia Ends Down Stretch With Positive News From EU Regulators
Key Takeaways Nvidia stock is higher Friday at the end of the last full week of trading in 2024 following a recent slide into technical-correction territory.Nvidia shares have fallen in nine of the last 11 trading sessions since closing at $145.
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