US probes Nvidia's Run:ai acquisition - report - Breaking The News
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US probes Nvidia's Run:ai acquisition - report

EPA-EFE/RITCHIE B. TONGO

The United States Department of Justice (DoJ) has begun an investigation into Nvidia Corporation's April $700 million acquisition deal of Israeli AI start-up Run:ai over competition concerns, Politico reported late Thursday.

Run:ai offers GPU virtualization technology that has contributed to Nvidia's nearly $3 trillion market value by enabling customers to achieve more with fewer chips.

According to the sources, the scrutiny is part of a broader investigation into Nvidia's business practices and aims to probe whether the tech giant uses its dominant position to suppress competitors or control access to essential technologies. Nvidia maintains that it competes fairly based on innovation and investment.

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