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EU approves Nvidia’s acquisition of Run:ai

by
December 20, 2024
in Economy
0
EU approves Nvidia’s acquisition of Run:ai

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

The EU’s probe into the deal focused on practices that could strengthen Nvidia’s control over GPUs, sought-after chips that divide and process computer tasks, but it concluded that the acquisition of Run:ai would not raise competition concerns.

This post appeared first on investing.com
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