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NVIDIA / RUN:AI
M.11766
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Disclaimer :
The Cometition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.
SECTION 1.2
Description of the concentration
On 15 November 2024, the Commission received notification of a proposed acquisition by NVIDIA Corporation (“NVIDIA”) of the entire share capital, and thus sole control of Run:ai Labs Ltd (“Run:ai”) (the “Transaction”) within the meaning of Article 3(1)(b) and 3(2)(a) of the EUMR.
NVIDIA is a publicly traded technology company headquartered in California, United States. NVIDIA designs and supplies accelerated computing platforms including Graphics Processing Units (“GPUs”) for gaming, datacenters, professional visualization, and automotive applications. NVIDIA also supplies network interconnect products and solutions. NVIDIA is listed on the NASDAQ.
Run:ai is a privately held company that is not controlled by any entity. It is a small Israeli start-up that makes software that helps customers schedule workloads on clusters of NVIDIA datacenter GPUs.
The Transaction was referred to the Commission by the Italian Competition Authority under Article 22 EUMR.
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