American tech giant NVIDIA has announced that it has entered into a definitive agreement to acquire Israeli software provider Run:ai for $700 million.
Run:ai is a Kubernetes-based workload management and orchestration software provider, which will help NVIDIA in managing and optimizing its AI hardware infrastructure, as well as, driving the DGX Cloud business, particularly for generative AI deployments running across multiple data center locations.
NVIDIA has also announced that it will continue to offer Run:ai’s products under the same business model for the immediate future.
Run:ai’s customers use the platform to manage data-centre-scale GPU clusters and include some of the largest enterprises spanning across many industries worldwide. The platform helps in scaling AI infrastructure and lower compute costs, enabling customers speed up their development process, while the AI Workflow management offering data teams to work with tools of their choice for upgraded convenience.
Interestingly, Run:ai and NVIDIA have already been working together with the former company having its product integrated with DGX, Nvidia DGX SuperPod, Nvidia Base Command, NGC containers and Nvidia AI Enterprise software, among other NVIDIA products.
“Run:ai has been a close collaborator with Nvidia since 2020 and we share a passion for helping our customers make the most of their infrastructure,” said Run:ai co-founder and CEO Omri Geller in a blog post. “We’re thrilled to join Nvidia and look forward to continuing our journey together.”
NVIDIA also announced that its accelerated computing platform and Run:ai’s platform will continue to support a broad ecosystem of third-party solutions, giving customers choice and flexibility.
Together with Run:ai, NVIDIA will enable customers to have a single fabric that accesses GPU solutions anywhere. Customers can expect to benefit from better GPU utilization, improved management of GPU infrastructure and greater flexibility from the open architecture.
The move has come amidst NVIDIA’s push to become a hub for everything AI. In 2023, the company had acquired and invested in a total of 40 companies. This year, NVIDIA has already made its 12th investment and doesn’t look to slow down in the near future.
This is one of the biggest acquisitions for NVIDIA after Mellanox in March 2019 for $6.9 billion. NVIDIA also acquired OmniML in March 2023, the company that helped NVIDIA move its ML models on edge.
