The European Commission, a European Union body, has granted unconditional approval for Nvidia’s US$700 million acquisition of Run:ai, an Israeli AI firm.

The commission determined that the acquisition does not raise competition concerns, allowing the deal to proceed.

The EU’s antitrust review assessed whether the deal would increase Nvidia’s market power over graphics processing units, which are essential for various computing tasks.

Nvidia announced its intention to acquire Run:ai earlier this year. Run:ai focuses on solutions that optimize AI workloads in computing environments.

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