Nvidia Completes Run:ai Buyout: Details

Anusuya Lahiri

December 30, 2024

Nvidia Corp (NASDAQ:NVDA) completed acquiring Israeli startup Run:ai, marking its most significant in Israel since its $6.9 billion Mellanox Technologies deal in 2020.

The startup pledged to help customers maximize their AI infrastructure by providing flexible, efficient, and highly utilized GPU systems. These solutions will be available across various platforms, including on-premises setups, cloud-based native solutions, and Nvidia DGX Cloud, which was co-developed with leading cloud service providers.

Also Read: Xiaomi Expands EV Charging Options, Partners with NIO, XPeng, and Li Auto for Greater Network Access

Aligned with its open-platform philosophy, Run:ai, now part of Nvidia, will continue empowering AI teams to select the tools, platforms, and frameworks that best meet their needs. It plans to strengthen partnerships and collaborate with the ecosystem to deliver diverse AI solutions and platform options.

Additionally, the startup intends to open-source its Run:ai software, enabling the broader AI community to accelerate innovation. While supporting only Nvidia GPUs, the open-source initiative aims to expand compatibility across the entire AI ecosystem.

In April, Nvidia shared plans to acquire Run:ai, reportedly for around $600 million – $700 million, and integrate it into its operations in Israel, which employed ~4,000 people across seven R&D centers.

However, the deal drew regulatory scrutiny from the European Commission over possible anticompetitive concerns.

Nvidia stock surged over 190% year-to-date. The company is eying robotics as its next growth catalyst and plans to launch Jetson Thor computers for humanoid robots in 2025. Tesla Inc plans to start limited production of its humanoid robot, Optimus, by late 2025, aiming for broader commercial availability in 2026. Nvidia supplies essential technology components to power Tesla’s robotics efforts.

Investors can gain exposure to Nvidia through VanEck Semiconductor ETF (NASDAQ:SMH) and Fidelity MSCI Information Technology Index ETF (NYSE:FTEC).

Price Actions: NVDA stock is up 1.8% at $139.48 at the last check Monday.

Also Read:

Meta Settles Israeli Job Ad Discrimination Case For $1 Million: Report

Image via Shutterstock.

Recommended

Is This Elon's Worst Nightmare? - Ad

Discover 3 Stocks Projected to Dethrone Nvidia (NVDA) - Ad

Gold Alert: Extraordinary Upside in One Stock (Not a Miner) - Ad

When Cassie Ridgway held her first clothing swap in Portland, Oregon, 14 years ago, she had a few goals: keep , help people find free fashion treasures and .

Donald Trump Calls For Soros To Be Imprisoned: 'He's A Bad Guy'

President Trump has advocated for the imprisonment of billionaire Democratic donor George Soros.

Did This New AI Just Replace Google?

Did This New AI Just Replace Google? - Ad

Elon Musk's xAI just launched a model that could disrupt Google and even challenge ChatGPT. For the first time, you can stake in xAI with as little as $500 - but you must move before the Oct 1 funding round.

China's export growth slows in August amid trade tensions with US

BEIJING (AP) — grew last month but at a slower pace than in recent months, the country's customs agency said Monday.

Democrats plan to force Senate vote on Trump's tariffs on Canada and Brazil

WASHINGTON (AP) — Democrats are planning to force two Senate votes on in the coming weeks, keeping pressure on Senate Republicans as many of them have voiced frustration with the policies.

From Ore to Gold Bars-This Nevada Mine Is Already Producing

From Ore to Gold Bars-This Nevada Mine Is Already Producing - Ad

Most juniors explore...Few actually produce. This one's already pouring gold thanks to infrastructure that would cost tens of millions to build today. With major land holdings and room to scale, it's one to watch. Discover the little known gold company that's already producing.

Jim Cramer: Sell Chime, Get This Buy Now Pay Later Stock Instead

Chime Financial, on Aug. 22, announced a strategic partnership with Workday to advance financial wellness in the workplace.

Asian shares trade mixed after Wall Street sets new records

TOKYO (AP) — Asian shares traded mixed on Tuesday after Wall Street set new records as investor anticipation grew that the U.S. Federal Reserve will announce the first cut of the year on its main interest rate.

[Revealed] Trump's Next AI Executive Orders?

[Revealed] Trump's Next AI Executive Orders? - Ad

A White House insider with direct ties to Trump's inner circle just revealed what he calls "Manhattan II" - a potential $2.2 trillion AI initiative set to launch as soon as Oct 15. He says this could mirror past U.S. projects that minted fortunes - with small firms soaring 5,000% to 10,000% over two decades. And now he's giving away his #1 stock pick for free before the deadline.

Elon Musk's Two-Word Response, Trump Administration's Patent Share, Palantir CEO's China Warning And More: This Week In Politics

Elon Musk clashed with the U.S. Department of Energy over its remarks on renewable energy, emphasizing the need for large-scale batteries.

Backpage executives to be sentenced after testifying against site founder about the site's sex ads

PHOENIX (AP) — Two former executives for the Backpage.com are scheduled to be sentenced Tuesday in Phoenix for conspiring to facilitate prostitution by selling sex ads.

This Gold Miner Has the Map, the Metal, and the Momentum

This Gold Miner Has the Map, the Metal, and the Momentum - Ad

JPMorgan is forecasting that gold will push past $4,000, and this Nevada operation is positioned to benefit. Historical estimates show its property could hold around 1.8 million ounces of measured and indicated gold, backed by infrastructure and billionaire investors. The company's already producing, refining gold onsite and looking to expand. That's not a dream-stage story-that's a head start.

These four electric SUVs provide hot-rod thrills without the need for gas

SUVs are undoubtedly practical, but they can often be a bore. What if you also want sporty performance from your family-hauler? Surprisingly, your best bet might just be an electric SUV. Thanks in part to the inherent advantages of EV powertrain design, hair-raising acceleration is no longer exclusive to low-slung exotics. Plus, many automakers are now making well-rounded performance SUVs that also provide improved handling, stronger braking and sportier aesthetics. Edmunds’ auto experts have rounded up four of their favorites. The vehicles are listed in ascending order of price, which include

What to know about the fatal shooting of Charlie Kirk, the co-founder of Turning Point USA

, the CEO and co-founder of the conservative youth organization Turning Point USA, was Wednesday at an event at a Utah college.

Trump's Flashing Buy Signal?

Trump's Flashing Buy Signal? - Ad

Washington just opened tens of millions of federal acres for drilling and mining-a clear sign it's unlocking vast assets. Whitney Tilson says certain companies could be next, with past moves seeing gains up to 4,300%.

Broadcom, Lululemon, Opendoor, Docusign And Neonode: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks advanced on Thursday, with the Nasdaq Composite jumping over 200 points, or nearly 1%, to 21,707.69.

Someone could win $1.8B Powerball jackpot Saturday. Odds are their identity will remain a mystery

After Iowa gas station employee Timothy Schultz won a $29 million lottery jackpot in 1999, he decided to hold a press conference. Lottery officials told him it would help him avoid being “hounded by media" since state law required his name to be disclosed anyway.

Analysts Project This Stock Could Jump to $14 a Share. You Can Still Invest for $3.50.

Analysts Project This Stock Could Jump to $14 a Share. You Can Still Invest for $3.50. - Ad

The AI company making heart disease easier to detect is offering investors $3.50 investment units that include one convertible preferred share and one warrant, providing investors with access to 2 common shares. Based on analyst 1- year projections, that amounts to a near-term 500% return potential.

Takeaways from a hunt for 'secret' fresh water under the North Atlantic seabed

ABOARD LIFTBOAT ROBERT, North Atlantic (AP) — It turns out the Continental Shelf has been holding a secret from the ages. Beneath the sea floor off the U.S. northeast lies an enormous reserve of fresh water whose existence was long unknown, then was suspected and now is confirmed.

McDonald's plans $200 million investment to promote regenerative practices on US cattle ranches

McDonald’s said Monday it plans to invest $200 million over the next seven years to promote on cattle ranches.

This Isn't Their First Gold Win-And Their Next Big Project Could Be Even Bigger

This Isn't Their First Gold Win-And Their Next Big Project Could Be Even Bigger - Ad

The team behind this Nevada gold miner has built billion-dollar gold companies before-and they're at it again. Drilling is already underway on a 27-square-mile land package, with nearly 2M ounces already defined...with more to come. With production live and expansion in motion, this sets up to be their next big win.

Elon Musk's SpaceX Acquires EchoStar Spectrum To Transform Global Satellite Connectivity

EchoStar is selling AWS-4 and H-block spectrum to SpaceX for $17 billion, funding debt payments and expanding 5G services with Starlink Direct to Cell.

Charlie Kirk Killed In Utah Shooting, Drawing Bipartisan Condemnation

House Speaker Johnson condemned the act: "This is not who we are." As of Sept. 9, there have been 298 mass shootings in the U.S. for 2025.

Is This Elon's Worst Nightmare?

Is This Elon's Worst Nightmare? - Ad

Elon's empire looks doomed - crashing sales, lost tax credits, and media backlash. But behind the scenes, Tesla is about to unleash a breakthrough Forbes calls a "multi-trillion-dollar opportunity." It's not the end - it's the start of a 25,000% AI comeback.

Don't look now, but there's an AI-generated Italian teacup on your child's phone. What does it mean?

In the first half of 2025, she racked up over 55 million views on TikTok and 4 million likes, mostly from tweens glued to their cellphones. Not bad for an AI-generated cartoon ballerina with a cappuccino teacup for a head.

AppLovin Sees Stronger Non-Gaming Momentum As Expansion Accelerates

AppLovin (APP) is expanding beyond gaming, with strong non-gaming revenue growth driven by international expansion, referral program, and seasonal ad spend.

Discover 3 Stocks Projected to Dethrone Nvidia (NVDA)

Discover 3 Stocks Projected to Dethrone Nvidia (NVDA) - Ad

Futurist and Stock Analyst, Eric Fry, published a brand-new research report naming three outsider stocks have the power to completely disrupt the "seemingly invincible" Mag 7. For the time being, this research report is available through this page - at no charge.

Powerball, Mega Millions Missing Jackpots: What Happens To Unclaimed Lottery Tickets

Powerball is one of the most popular lottery games that can offer hundreds of millions of dollars, or in some cases billions, in potential winnings.

Asian shares mostly rise after last week's Wall Street rallies

TOKYO (AP) — Asian shares were mostly higher Monday, after Wall finished the previous week near .

Gold Alert: Extraordinary Upside in One Stock (Not a Miner)

Gold Alert: Extraordinary Upside in One Stock (Not a Miner) - Ad

Gold has hit all-time highs, breaking $3,600 an ounce - but history shows it could be on the verge of its biggest bull run in over half a century... triggered by a likely major event, eerily similar to what happened in the 1970s. (It's NOT inflation or anything you're likely expecting.) Now, a top analyst says you can capture ALL of the upside without touching a risky miner or a boring exchange-traded fund. He sees extraordinary potential gains long term with very little risk.

Mortgage Fraud Is Now A Trump-Era Flashpoint—Here's Everything You Need To Know

Given the recent high-profile cases, Benzinga decided to take a closer look at what mortgage fraud is and how it can be committed.

Trump's Nvidia Export Deal Collides With AI GAIN Act — Chipmaker Warns New Bill Could Cripple Global Competition

Nvidia warned that a new U.S. bill could hurt its global edge by restricting AI chip exports, while growing pressure pushes tech firms like OpenAI to seek alternatives.

Did This New AI Just Replace Google?

Did This New AI Just Replace Google? - Ad

Robinhood Stock Surges Over 7% In Monday Pre-Market: What's Going On?

The stock of Robinhood Markets Inc. (NASDAQ: HOOD) surged 7.46% during the Monday pre-market trading session following Friday's news that it will be included in the S&P 500.

The newest Bachelorette is 'Secret Lives of Mormon Wives' star Taylor Frankie Paul

There’s a new Bachelorette in town — and we’ve met her before.

From Ore to Gold Bars-This Nevada Mine Is Already Producing

From Ore to Gold Bars-This Nevada Mine Is Already Producing - Ad

Fed convenes meeting with a governor newly appointed by Trump and another he wants to oust

WASHINGTON (AP) — After a and the Federal Reserve began a key meeting on interest rate policy Tuesday with both a new Trump administration appointee and an official the White House has targeted for removal.

Donald Trump Lauds Economic Success, Yet Public Sentiment Tells A Different Story

The U.S. economy, despite being hailed as robust by President Trump, has failed to win over the American voters.

[Revealed] Trump's Next AI Executive Orders?

[Revealed] Trump's Next AI Executive Orders? - Ad

US immigration officers raid Georgia site where Hyundai makes electric vehicles

SAVANNAH, Ga. (AP) — U.S. authorities on Thursday raided the sprawling site where in southeast Georgia, shutting down construction on an adjacent factory being built to produce EV batteries.

Trending Now