NVIDIA, a global leader in the development of chips for artificial intelligence (AI) technologies, recently announced the acquisition of Israeli startup Run:AI for $700 million. This purchase is part of the company’s ongoing commitment to investing in innovative startups and driving advancements in AI.
Run:AI, founded in 2018, has developed technology that enables real-time object detection and tracking in autonomous vehicles and other applications. This acquisition aligns with NVIDIA’s focus on advancing AI technologies through strategic investments in companies that are leading the field.
NVIDIA’s recent acquisitions in Israel also include Deci, a startup specializing in AI technology optimization. The exact amount of this acquisition has not been disclosed, but an official announcement is expected soon. Deci was founded in 2019 by individuals from Google’s AI department and a secret unit of the IDF Air Force, and has developed technology that optimizes algorithms for data sets and AI platforms.
NVIDIA’s recent acquisitions demonstrate its commitment to driving advancements in AI 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.