NVIDIA buys second Israeli startup in 24 hours

After the developer of chips for artificial intelligence technologies NVIDIA announced the purchase of Run:AI for $700 million, it became known that this was not the only purchase of the company in Israel over the past 24 hours.

According to the American technology portal The Information, NVIDIA has acquired another Israeli startup working in the field of optimization of AI technologies, Deci.

The transaction amount has not been disclosed, and the transaction itself will be officially announced later.

Deci was founded in 2019 by people from Google’s AI department and one of the secret units of the IDF Air Force. The technology developed by Deci allows you to optimize algorithms when working with data sets and artificial intelligence platforms.

By Editor

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