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AI News: EU To Scrutinize Nvidia's $700M Purchase of Run Labs

source-logo  coingape.com  + 1 more 01 November 2024 00:35, UTC

AI news: The European Commission has decided to review Nvidia Corporation’s planned $700 million acquisition of Run Labs Ltd, an AI workload management startup based in Tel Aviv. This decision came after Italy’s competition authority flagged the deal, utilizing its national powers to request an EU-level examination.

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