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Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for developers and operations teams to manage and optimize their AI hardware infrastructure. Terms of the deal aren't being disclosed publicly, but two sources close to the matter tell TechCrunch that the price tag was $700 million. CTech reported earlier this morning the companies were in "advanced negotiations" that could see Nvidia pay upwards of $1 billion for Run:ai. Evidently, the negotiations went off without a hitc
Qualcomm is debuted its Snapdragon Elite Plus chip Wednesday, as the company aims to take on Intel and AMD in the laptop market.
The rally attempt paused Wednesday as Nvidia reversed lower. Meta, Chipotle and ServiceNow led key earnings late.