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Home»Startups»Nvidia acquires two Israeli startups to run AI models more cheaply
Startups

Nvidia acquires two Israeli startups to run AI models more cheaply

prosperplanetpulse.comBy prosperplanetpulse.comApril 25, 2024No Comments2 Mins Read0 Views
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Artificial intelligence and machine learning concept.

Angan

Nvidia (NASDAQ:NVDA) has strengthened its dominance in the artificial intelligence field through acquisitions, and two Israeli startups have recently sought to reduce the cost of creating and running AI models.

The chip giant confirmed Wednesday that it will acquire Run:ai.and is said to have reached a deal with another startup, Deci, The Information report This is based on a person involved in the agreement.

Demand for Nvidia’s (NVDA) advanced chips is surging as technology companies increase spending on AI models. However, AI models are very expensive to run and error-prone, raising concerns about the return on such a large investment.

Both Deci and Run:ai are working to reduce these costs. Run:ai increases the efficiency of AI chips by allowing them to run multiple workloads in parallel, reducing the number of GPUs needed to complete tasks.

Deci, on the other hand, modifies the AI ​​model to make it cheaper to run. Its efforts are similar to those of OmniML, another startup that Nvidia (NVDA) quietly acquired last year.

If Nvidia (NVDA) can reduce the cost of running its AI models, it could sustain long-term demand for the chips that power those models.

According to the report, the company plans to offer its Deci and OmniML technologies along with its parallel computing platform Cuda. Run:ai’s software may be integrated into NVDA’s AI supercomputing service DGX Cloud.



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