AI chip leader Nvidia has completed acquiring Israeli AI start-up Run:ai after receiving approval for the merger from the European Commission.
Nvidia first announced its plans to acquire the start-up in April, but the deal was subject to a probe by the European Commission, which granted approval earlier this month. The orchestration software company said it "will continue to help customers get the most out of their AI Infrastructure."
Run:ai says it plans to open-source its software stack "to help the community build better AI, faster." Currently, Run:ai's workflows only support Nvidia GPUs, but the company hopes this will change once the software is available "to the entire AI ecosystem."
According to Nasdaq, Nvidia held an 80% share in the booming data center market for AI chips. The company has also been subject to scrutiny by lawmakers over monopoly concerns.
China's Administration for Market Regulation announced a probe earlier this month, while the US Commerce Department is probing the technology giant to figure out how its chips ended up in China despite restrictions. The US Department of Justice is investigating the company over complaints from rivals.