Categories: Economy

NVIDIA Boosts Its AI Capabilities with Major Israeli Acquisitions: Run:AI and Deci

NVIDIA, a company known for developing chips for artificial intelligence technologies, recently made two major acquisitions. Firstly, the company purchased Israeli startup Run:AI for $700 million. This acquisition is part of NVIDIA’s recent investments in Israeli companies, with another startup specializing in AI technology optimization, Deci, also being acquired by the company.

Deci, founded in 2019 by individuals from Google’s AI department and a secret unit of the IDF Air Force, has developed technology that optimizes algorithms for data sets and AI platforms. The exact amount of the Deci acquisition has not been disclosed yet, but an official announcement is expected soon.

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.

Samantha Reynolds

As a content writer at newsabcc.com, I dive into the depths of information to craft engaging and informative pieces that captivate our audience. With a keen eye for detail and a love for storytelling, I strive to deliver content that not only informs but also inspires. Whether unraveling the latest trends or delving into complex topics, I am dedicated to bringing valuable insights to our readers. Join me on this journey as we explore the world through the power of words.

Share
Published by
Samantha Reynolds

Recent Posts

Revolutionizing Diabetes Management: Experts Discuss Importance of Correct Injection Techniques and the Need for Technology at DTechCon 2024

At the recent 'DTechCon 2024' conference in Kochi, experts discussed the importance of correct injection…

15 mins ago

Understanding AP Guidelines for Republishing Content: A Journalist’s Guide

Newspaper ArticleAs a journalist, it is important to understand the rules and regulations when it…

48 mins ago

FC Dallas and Houston Dynamo Battle to a Tie in Intense Match

On Saturday night, FC Dallas and the Houston Dynamo played to a 1-1 tie. The…

50 mins ago

Tottenham looks to leave 2021 on a high note as they take on struggling Sheffield United

Tottenham will look to end Ange Postecoglou's first season in charge on a high note…

55 mins ago

Vintage Trains on Display: The Norfolk & Western Business Car 300 Preservation Society Hosts Successful Open House Event

The Norfolk & Western Business Car 300 Preservation Society hosted an open house event in…

57 mins ago