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Nvidia’s Acquisition Under Scrutiny by U.S. Authorities
The acquisition of Run:ai, an Israeli firm specializing in artificial intelligence, is currently being scrutinized by the United States Department of Justice for possible antitrust issues. This information comes from individuals familiar with the discussions between the agency and various stakeholders in the industry.
Details Surrounding the Investigation
The Department has reached out to industry players to assess how this acquisition might affect competition within the marketplace, a deal that Nvidia publicly announced in April. Although specific financial terms were not revealed, TechCrunch suggested that the acquisition could be valued around $700 million.
Concerns Regarding Market Competition
The extent and focus of this investigation remain somewhat ambiguous at this stage. However, sources indicate that officials are particularly interested in whether this merger could suppress new competitors trying to enter this evolving market and further solidify Nvidia’s existing supremacy within it.
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