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Nvidia has finished building Run: you havea software company that makes it easier for cloud customers to configure GPUs for AI, and said it would open source the software.
The purchase price was not disclosed, but was reportedly pegged at $700 million when Nvidia first announced it planned to close the deal in April. Run: AI posted the contract news on its website today and the company said that Nvidia also plans to open source its software. The company's software remotely registers Nvidia GPU resources for AI in the cloud.
Neither company explained why Run:ai would open up its platform, but it's probably not hard to figure out. As Nvidia has become the No. 1 maker of AI chips, its stock price has risen to $3.56 trillion, making it the most valuable company in the world. That's great for Nvidia, but it makes it hard for companies to get it because of too much trust.
A spokesperson for Nvidia just said in a statement, “We are thrilled to welcome the Run:ai team to Nvidia.”
When Microsoft acquired Activision Blizzard for $68.7 billion, it sidestepped antitrust regulators by licensing Activision's Call of Duty game to other platforms for a decade to address concerns that the company would become too powerful in gaming. Maybe the same thing is happening here.
Run:ai founders Omri Geller and Ronen Dar said in a press release that opening up their software will help the community build better AI, faster.
“While Run:ai currently only supports Nvidia GPUs, finding open source software will allow it to expand its availability to the entire AI ecosystem,” Geller said. and Dar.
They said they will continue to help our customers get the most out of their AI Infrastructure and offer maximum flexibility, efficiency and utilization for GPU systems, wherever they are located : On-Prem, in the cloud through native solutions, or on Nvidia. DGX Cloud, co-engineered by leading CSPs.
The founders also added, “True to our open platform philosophy, as part of Nvidia, we will continue to empower AI teams with the freedom to choose the tools, platforms and frameworks to meet their needs. We will continue to strengthen our partnerships and work with the ecosystem until
deliver a wide variety of AI solutions and platform options.”
The Israel-based company said its goal when it was founded in 2018 was to become a driving force in the AI
revolutionize and empower organizations to unlock the full potential of their AI infrastructure.
“Over the years, our world-class team has achieved milestones we could only dream of back then. Together, we've built innovative technology, an amazing product, and an amazing go-to-market engine,” the founders said.
Run:ai helps customers organize their AI Infrastructure, increase efficiency and utilization, and increase the productivity of their AI teams.
“We are delighted to build on this momentum, now part of Nvidia. AI and accelerated computing are changing the world at an unprecedented pace, and we believe this is only the beginning,” said the founders of Run:ai. “GPUs and AI infrastructure will continue to be at the forefront taking the lead in driving these transformative innovations and joining Nvidia gives us a unique opportunity to advance a joint mission to help humanity solve its biggest challenges world.”
Nvidia has been a long-time maker of graphics chips, and these chips have become much more useful in recent years in running AI software. Now the company is also emphasizing software and this acquisition is related to giving customers the most choice, efficiency and flexibility for GPU orchestration software. Nvidia and Run:ai have been working together since 2020 and have mutual customers.
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