Nvidia gets unconditional EU nod to buy Israel’s Run:ai

Nvidia Corp won unconditional European Union (EU) approval to buy Israeli startup Run:ai, which develops software for handling artificial intelligence (AI) computing resources.

The European Commission said in a statement on Friday that the takeover didn’t pose any competition threats across the 27-member bloc despite Nvidia’s position as a “leading producer of key hardware for AI applications used in the EU and beyond”.