Nvidia is in advanced talks to acquire Run:ai, an AI infrastructure orchestration and management platform. The deal is valued at several hundred million dollars, potentially reaching $1 billion. No comments were provided by the companies when approached for confirmation. Run:ai recently secured $75 million in a Series C funding round led by Tiger Global Management and Insight Partners, with participation from existing investors TLV Partners and S Capital VC. This round brings the total funding raised to $118 million. The company was founded in 2018 by Omri Geller (CEO) and Dr. Ronen Dar (CTO), who met during their studies at Tel Aviv University.

Run:ai has developed a specialized orchestration and virtualization software layer for AI workloads on GPUs and similar chips. Their Kubernetes-based container platform optimizes GPU sharing and assignment for AI clouds, ranging from fractional GPUs to multiple nodes. Geller stated that Run:ai aims to establish itself as a leading company in the AI operating system space. Despite being in operation for only a year and a half, the company has already generated millions in revenue. If the deal is finalized, it would mark Nvidia's first acquisition in Israel since the purchase of Mellanox for $6. 9 billion in March 2019. Nvidia, known for its AI-powered chips, has seen remarkable growth, making it the world's third-most-valuable company in the past year. The company's market capitalization currently stands at around $2. 2 trillion, boosted by the soaring demand for its chips in AI applications. Nvidia's success has contributed to Wall Street reaching record levels this year, with the company accounting for over 5% of the benchmark S&P 500 index.