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Nvidia has completed its acquisition of… Play: AIa software company that makes it easier for customers to orchestrate GPU clouds for artificial intelligence, said it would open source the software.
The purchase price was not disclosed, but was reportedly pegged at $700 million When Nvidia first announced its intention to close the deal in April. Run:ai posted news of the deal on its website today and the company said Nvidia also plans to open source its software. The company’s software schedules Nvidia GPU AI resources in the cloud remotely.
Neither company has explained why Run:ai is open-sourcing its platform, but it’s probably not hard to figure out. Since Nvidia became the No. 1 maker of AI chips, its stock price has risen to $3.56 trillion, making it the most valuable company in the world. This is great for Nvidia, but it makes it difficult for it to acquire companies due to antitrust oversight.
“We are thrilled to welcome the Run:ai team to Nvidia,” an Nvidia spokesperson said only in a statement.
When Microsoft acquired Activision Blizzard for $68.7 billion, it appeased antitrust regulators by licensing Activision’s Call of Duty game to other platforms for a decade to address concerns that the company was becoming too powerful in gaming. The same thing might happen here.
Run:ai’s founders, Omri Geller and Ronen Dar, said in a press release that open sourcing its software will help the community build better, faster AI.
“While Run:ai currently supports only Nvidia GPUs, open source of the software will enable it to expand its availability to the entire AI ecosystem,” Geller and Darr said.
They said they will continue to help our customers get the most out of their AI infrastructure and provide maximum flexibility, efficiency and usability to the GPU ecosystem, wherever they are: on-premises, in the cloud with native solutions, or on the Nvidia DGX Cloud, co-built With major telecom service providers.
The founders also said: “True to our open platform philosophy, as part of Nvidia, we will continue to empower AI teams with the freedom to choose the tools, platforms and frameworks that best suit their needs. We will continue to strengthen our partnerships and work together with the ecosystem to achieve this
Offering a wide range of AI solutions and platform options.
The Israel-based company said its goal when it was founded in 2018 was to be a driving force in the field of artificial intelligence.
Revolutionizing and enabling organizations to unleash the full potential of their AI infrastructure.
“Over the years, our world-class team has achieved accomplishments that we could only dream of at the time. Together, we have built innovative technology, an amazing product, and an amazing go-to-market engine,” the founders said.
Run:ai helps customers orchestrate their AI infrastructure, increase efficiency and utilization, and enhance the productivity of their AI teams.
“We are thrilled to build on this momentum, now as part of Nvidia. AI and accelerated computing are changing the world at an unprecedented pace, and we believe this is just the beginning,” Run:ai founders said. “GPUs and AI infrastructure will continue to be at the forefront “Driving these transformative innovations and joining Nvidia provides us with an exceptional opportunity to advance a shared mission to help humanity solve the world’s biggest challenges.”
Nvidia has long been a maker of graphics chips, and those chips have become more useful in recent years for running artificial intelligence software. Now the company is also focusing on software and this acquisition is related to giving customers maximum choice, efficiency and flexibility of GPU format software. Nvidia and Run:ai have been working together since 2020 and have common customers.
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