EU approves Nvidia’s acquisition of Run:ai


© Reuters. FILE PHOTO: A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

BRUSSELS (Reuters) – The European Fee mentioned on Friday it has authorized unconditionally Nvidia (NASDAQ:NVDA)’s $700 million bid for Run:ai.

The EU’s probe into the deal targeted on practices that would strengthen Nvidia’s management over GPUs, sought-after chips that divide and course of laptop duties, nevertheless it concluded that the acquisition of Run:ai wouldn’t increase competitors issues.

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