BRUSSELS (Reuters) - U.S. chipmaker Nvidia's ( NVDA ) proposed acquisition of AI startup Run:ai will have to be approved by EU antitrust regulators before the deal can be completed, the European Commission said on Thursday.

The EU competition enforcer said Nvidia ( NVDA ) will have to formally seek its approval for the deal, following a request from the Italian competition authority which received an application for approval for the deal from the company.