Categories: Economy

NVIDIA’s Double Investment in Israeli Startups: Revolutionizing AI Technologies through Collaboration and Acquisition

NVIDIA, a leading developer of chips for artificial intelligence technologies, has recently announced the acquisition of Israeli startup Run:AI for $700 million. This purchase is part of the company’s ongoing investments in innovative Israeli companies, with another acquisition of Deci, a startup specializing in AI technology optimization. The exact amount of the Deci acquisition has not been disclosed, but an official announcement is expected soon.

Deci was founded in 2019 by individuals from Google’s AI department and a secret unit of the IDF Air Force. The company has developed technology that optimizes algorithms for data sets and AI platforms, which aligns with NVIDIA’s focus on advancing artificial intelligence technologies through strategic investments in innovative startups.

NVIDIA’s recent acquisitions in Israel demonstrate its commitment to driving advancements in AI technologies through collaborations with leading companies in the field. By acquiring Run:AI and Deci, NVIDIA is poised to further enhance its offerings in the AI space and solidify its position as a key player in the industry.

Eleanor Thompson

As a content writer at newslopp.com, I am passionate about transforming ideas into engaging stories that captivate and inform our readers. With a keen eye for detail and a love for crafting compelling narratives, I strive to create content that resonates with our audience and keeps them coming back for more. From breaking news to in-depth features, I am dedicated to delivering high-quality, well-researched articles that spark conversation and inspire thought. My goal is to connect with our readers on a personal level, providing them with valuable insights and fresh perspectives on a wide range of topics. Join me on this exciting journey as we explore the world through the power of words.

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