NVIDIA has recently made two significant acquisitions in the artificial intelligence technology field. The company announced its purchase of Run:AI for $700 million and an undisclosed acquisition of Deci, which 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.
The news of NVIDIA’s acquisitions in Israel comes at a time of growth and innovation in the AI technology sector. As companies continue to invest in AI research and development, collaborations and acquisitions with startups like Deci and Run:AI are becoming increasingly common. These acquisitions highlight the value that startups in the AI space bring to larger tech companies looking to expand their capabilities and improve their technology offerings. With these latest moves, NVIDIA continues to position itself as a leader in the AI industry, furthering its mission to drive innovation and improve the world through artificial intelligence.
