Israeli Tech Hub
Nvidia's acquisition of Run:ai for $700 million marks its largest investment in Israel since purchasing Mellanox Technologies for $6.9 billion in 2020. This strategic move has significantly expanded Nvidia's research and development presence in the country, with its local R&D center growing to over 4,000 employees since its establishment in 2016. The acquisition of Run:ai, along with reports of Nvidia's interest in another Israeli startup, Deci, demonstrates the company's commitment to leveraging Israel's expertise in AI and data center technologies.
* Nvidia's investments in Israeli companies align with its goal of enhancing AI infrastructure management and workload optimization capabilities.
* The company's growing presence in Israel contributes to the country's reputation as a hub for AI innovation and high-tech development.
* These acquisitions allow Nvidia to tap into Israel's talent pool and integrate cutting-edge technologies into its global AI ecosystem.
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