NVIDIA's acquisition of AI startup Run:ai is under EU scrutiny

Zhitong
2024.10.31 13:36
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NVIDIA's acquisition of Israeli AI startup Run:ai is under scrutiny in Europe due to competition concerns. Although it does not meet the notification threshold for EU merger regulations, Italy has expressed worries about the deal. The European Commission is examining whether the transaction will significantly impact market competition. NVIDIA has stated its willingness to answer questions from regulators and continues to provide AI solutions. The financial terms of the deal have not been disclosed, but it has been reported that the acquisition amount is approximately $700 million