Nvidia in Advanced Talks to Acquire Israeli AI Software Company Deci, Following Run:ai Acquisition

Nvidia, the chip giant known for its cutting-edge technology, is making waves in the artificial intelligence field with its latest acquisition of Israeli software company Deci. The Information reported Thursday that Nvidia is in advanced negotiations to acquire Deci, a startup founded by experts in artificial intelligence from Israel’s Technion.

Deci has developed an AI-based platform that allows developers and data scientists to enhance the accuracy and processing speed of algorithms driving AI applications. With a growing gap between the complexity of AI algorithms and the computational power needed to run them efficiently, Deci’s solution aims to bridge this divide by optimizing algorithms automatically, making powerful AI technology accessible even on edge devices.

This acquisition comes on the heels of Nvidia’s recent purchase of Israeli AI company Run:ai, which was valued at around $700 million. Run:ai has developed an operating system for new AI processors, utilizing advanced virtualization technologies to dynamically allocate computing resources based on organizational needs and priorities.

Both Deci and Run:ai are at the forefront of innovation in the AI field, with a strong track record of serving Fortune 500 companies, startups, and leading academic institutions across various industries. The investments from Nvidia will further fuel the growth of these Israeli companies, allowing them to expand their research and development efforts and recruit top talent in the field of artificial intelligence.

As Nvidia continues to solidify its position as a leader in AI technology, the acquisitions of Deci and Run:ai demonstrate the company’s commitment to driving advancements in the field and pushing the boundaries of what is possible with artificial intelligence. Stay tuned for more updates on this exciting development in the world of tech.