NVIDIA’s acquisition of Run:ai received approval from the European Union: legal proceedings in the US continue
December 21, 2024
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NVIDIA, Received approval from the European Union to acquire Run:ai. However, it is expected that the review by the US Department of Justice will be completed before the
NVIDIA, Received approval from the European Union to acquire Run:ai. However, it is expected that the review by the US Department of Justice will be completed before the agreement can be fully finalized.
NVIDIA, artificial intelligence and took a step to further consolidate its power in the GPU market. European Commission, NVIDIA’s acquisition of Run:ai In approving it, it decided that the agreement would not hinder competition in Europe.
It is expected that legal obstacles will be overcome
NVIDIAstated that it wants to increase its power in the artificial intelligence ecosystem by purchasing Run:ai. Run: ai, It provides a software solution that makes NVIDIA’s GPUs more efficient, and the value of this acquisition is estimated at approximately $700 million. However, the deal has not yet been completed due to an investigation by the US Department of Justice.
The ministry is investigating whether this merger negatively affects competition in the sector. On the other hand, the US Department of Commerce also questions NVIDIA’s exports to China. NVIDIA’s plan to acquire Run:aiAlthough it has won approval in Europe, legal hurdles in the United States remain uncertain as to whether the deal will be fully realized.
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