Nvidia Buys Israeli-based AI Startup for $700 Million

Nvidia is acquiring an Israeli GPU workload management and orchestration startup for $700 million.

Nvidia confirmed its plans to buy Run AI, and Tech Crunch cited two sources close to the talks who said the deal was worth $700 million.

Run specializes in Kubernetes-based software for computing artificial intelligence resources. The Tel Aviv-based startup employs about 141 people.

Nvidia has been collaborating with Run since 2020. Some of the world’s largest enterprises use Run to run complex AI workloads easier and faster, according to the announcement.