Nvidia has completed the acquisition of AI infrastructure startup Run:ai

Nvidia has completed its acquisition of Run:ai, an Israeli startup that helps manage and optimize AI hardware infrastructure.

As part of the merger, Run:ai said its software, which currently only works with Nvidia products, will be open source, meaning Nvidia’s competitors like AMD and Intel will be able to adapt it to their hardware.

“We are eager to build on the accomplishments we have achieved to date, expand our talented team, and grow our product and market reach,” Run:ai said. He said Bloomberg in a statement. “Open sourcing the software will enable it to expand its availability to the entire AI ecosystem.”

Nvidia Announce It intends to acquire Run:ai in April. At the time, sources told TechCrunch that the price was $700 million. But the deal ran into regulatory hurdles. The European Commission and the US Department of Justice launched separately Investigations On whether buying Nvidia would hurt competition.

European Commission consent The deal is in December.