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EU approves Nvidia's acquisition of Run:ai

investing.com 20/12/2024 - 10:52 AM

European Commission Approves Nvidia's Acquisition of Run:ai

BRUSSELS (Reuters) – The European Commission announced on Friday the unconditional approval of Nvidia's $700 million bid for Run:ai.

The EU's investigation into the deal examined practices that could enhance Nvidia's control over GPUs—highly sought-after chips that manage computer tasks. However, the Commission concluded that acquiring Run:ai would not pose any competition concerns.




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