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.
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