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EU approves Nvidia's acquisition of Run:ai
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EU approves Nvidia's acquisition of Run:ai
Dec 20, 2024 3:15 AM

BRUSSELS (Reuters) - The European Commission said on Friday it has approved unconditionally Nvidia's ( NVDA ) $700 million bid for Run:ai.

The EU's probe into the deal focused on practices that could strengthen Nvidia's ( NVDA ) 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.

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