July 20, 2024
Nvidia acquires AI workload management startup Run:ai

Nvidia is acquiring Run:ai, a startup that makes it easier for developers and operations teams to manage and optimize their AI infrastructure, for an undisclosed sum.

Ctech reported earlier this morning the companies were in “advanced negotiations” that could see Nvidia pay upwards of $1 billion for Run:ai. Evidently, those negotiations went well.

Nvidia says that it’ll continue to offer Run:ai’s products “under the same business model” for the immediate future, and invest in Run:ai’s product roadmap as part of Nvidia’s DGX Cloud AI platform.

“Run:ai has been a close collaborator with Nvidia since 2020 and we share a passion for helping our customers make the most of their infrastructure,” Omri Geller, Run:ai’s co-founder and CEO, said in a statement. “We’re thrilled to join Nvidia and look forward to continuing our journey together.”

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