09:56 AM EDT, 04/24/2024 (MT Newswires) -- Nvidia ( NVDA ) said Wednesday it has agreed to acquire Israel-based workload management and orchestration software provider Run:ai.

Run:ai's open platform is based on Kubernetes, an open-source container orchestration system, and supports Kubernetes variants and integrates with third-party AI tools and frameworks, Nvidia ( NVDA ) said.

The financial terms of the deal were not disclosed.

Nvidia ( NVDA ) said it will continue to offer Run:ai's products under company's current business model for the immediate future, and that it will continue to invest in Run:ai's product roadmap.

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