EU approves Nvidia's acquisition of Run:ai Labs

On December 20, the European Commission decided to unconditionally approve Nvidia's acquisition of Run:ai Labs. Nvidia and Run:ai announced their deal at the end of April this year, but did not disclose the specific amount of the deal. Run:ai was founded in 2018 and focuses on helping companies efficiently manage and deploy AI workloads. Its core technology is based on deep learning and containerization, which can optimize the training and reasoning processes of machine learning models. Nvidia plans to improve the efficiency of AI computing resources by integrating its powerful hardware advantages and Run:ai's software platform. However, the acquisition has also attracted the attention of regulators, who are concerned that it may threaten fair competition in the market. The EU's assessment aims to ensure that the deal does not lead to market monopoly and maintain the competitiveness of existing companies.