VentureBeat December 30, 2024
Dean Takahashi

Nvidia has completed its acquisition of Run:ai, a software company that makes it easier for customers to orchestrate GPU clouds for AI, and said that it would open-source the software.

The purchase price wasn’t disclosed, but was pegged by reports at $700 million when Nvidia first reported its intent to close the deal in April. Run:ai posted the deal news on its website today and the company said Nvidia additionally plans to open source its software. The company’s software remotely schedules Nvidia GPU resources for AI in the cloud.

Neither company explained why Run:ai will open source its platform, but it’s probably not hard to figure out. Since Nvidia has grown to be the No. 1 maker of AI chips,...

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Topics: AI (Artificial Intelligence), Mergers & Acquisitions / JV, Technology, Trends
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