ABBO News

Nvidia Secures Eu Approval for 0 Million Runai Deal

Nvidia Secures EU Approval for $700 Million Run:ai Deal

BRUSSELS – On Friday, the European Commission said it has approved unconditionally Nvidia’s (NASDAQ: NVDA) $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.