Nvidia purchases Israeli workload management startup provider

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Summary

The American multinational corporation and technology company Nvidia announced signing an agreement to acquire the Israeli workload management and orchestration software startup provider, Run:ai, on Wednesday. In April 2024, the company announced plans to acquire Israeli startup Run:ai, known for its Kubernetes-based workload management software. AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023 (credit: REUTERS/DADO RUVIC/ILLUSTRATION/FILE PHOTO) In the statement, Nvidia claimed it had become a leading high-tech employer in Israel, promoting diversity and inclusion in their Israeli offices, as well as internationally. Cooperating with non-profits, Nvidia actively promoted the inclusion of underrepresented minorities in the high-tech industry through diverse recruitment efforts. By November 2023, Israel-1 had completed its initial phase and commenced R&D operations, marking a significant milestone in Nvidias commitment to advancing AI infrastructure in Israel.

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