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. |
Arizona revived an 1864 law criminalizing abortion. A look at the issue in other statesTogo bans protests over a canceled presidential election as tensions riseAt least 13 people are killed and an estimated 15,000 displaced by flooding in KenyaThe bodies of 4 women have been found in a migrantMexico, a leading producer of illicit fentanyl, can't get enough for medical use, study findsArgentina's populist president meets billionaire Elon Musk in Texas — and a bromance is bornKansas governor vetoes ban on genderMore aid is supposed to be entering the Gaza Strip. Why isn’t it helping?Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born1 dead in small plane crash in northwest Indiana, police say