US chip giant Nvidia Corp. has struck a deal to acquire Israeli deep learning developer Deci AI, “The Information” reports, according to a person involved in the deal. The report follows hard on the heels of yesterday’s official announcement by Nvidia that it has entered into a definitive agreement to acquire Israeli AI infrastructure orchestration and management company Run:ai, for an estimated $680 million.
Deci AI is one of three Israeli companies developing language models – the others being Amnon Shashua’s AI21 Labs and Tabnine. Both Run:ai and Deci AI will help…
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News Source: en.globes.co.il