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Nvidia in Talks To Acquire AI Infrastructure Platform Run:ai

Monday March 18, 2024. 07:10 AM , from Slashdot
Israeli outlet Calcalist: Nvidia is in advanced negotiations to acquire AI infrastructure orchestration and management platform Run:ai, Calcalist has learned. The value of the deal is estimated at many hundreds of millions of dollars and could even reach $1 billion. The companies did not respond to Calcalist's request for comment.

Run:ai raised $75 million in a Series C round in March 2022 led by Tiger Global Management and Insight Partners, who also led the previous Series B round. The round included the participation of additional existing investors, TLV Partners, and S Capital VC, bringing the total funding raised to date to $118 million.

Read more of this story at Slashdot.
https://tech.slashdot.org/story/24/03/18/067228/nvidia-in-talks-to-acquire-ai-infrastructure-platfor...

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