NVIDIA continues investment in AI with Deci and Run:AI acquisitions

Second Israeli Startup Acquired by NVIDIA within 24 Hours

NVIDIA has recently made two significant acquisitions in the artificial intelligence technology field. The company purchased Run:AI for $700 million and another undisclosed acquisition of Deci. The Information reported the acquisition of Deci, a startup that specializes in optimizing algorithms for data sets and AI platforms. Founded in 2019 by individuals from Google’s AI department and an IDF Air Force unit, Deci’s technology is known for its ability to enhance AI technologies through optimization.

The specific details of the transaction with Deci have not been publicly disclosed, but it is expected to be officially announced in the near future. These acquisitions mark NVIDIA’s continued investment in AI technologies and demonstrate the company’s commitment to advancing the field through strategic partnerships and purchases.

NVIDIA’s latest acquisitions are part of a growing trend in the tech industry where companies are investing heavily in AI research and development. Collaborations and acquisitions with startups like Deci and Run:AI are becoming increasingly common as larger tech companies look to expand their capabilities and improve their technology offerings. These acquisitions highlight the value that startups bring to the table in terms of innovation, expertise, and cutting-edge technology. As such, it is likely that we will continue to see more activity in this space as companies look to stay ahead of the curve in an ever-evolving technological landscape.

Leave a Reply