NVIDIA recently acquired two Israeli startups in the artificial intelligence technology field, with the purchase of Run:AI for $700 million and another undisclosed acquisition of Deci. The Information reported the acquisition of Deci, which specializes in optimizing algorithms for data sets and AI platforms. Founded in 2019 by individuals from Google’s AI department and an IDF Air Force unit, Deci’s technology is known for its ability to enhance AI technologies through optimization.
The specific details of the transaction with Deci have not been publicly disclosed, but it is expected to be officially announced in the near future. These acquisitions mark NVIDIA’s continued investment in AI technologies and demonstrate the company’s commitment to advancing the field through strategic partnerships and purchases.
The news of NVIDIA’s acquisitions in Israel comes at a time of growth and innovation in the AI technology sector. As companies continue to invest in AI research and development, collaborations and acquisitions with startups like Deci and Run:AI are becoming increasingly common. These acquisitions highlight the value that startups in the AI space bring to larger tech companies looking to expand their capabilities and improve their technology offerings.