Nvidia’s $700M acquisition of Run:ai hits new obstacle as EU demands approval | CTech

Nvidia’s 0M acquisition of Run:ai hits new obstacle as EU demands approval  | CTech

U.S. chipmaker Nvidia will have to seek EU antitrust clearance for its proposed acquisition of Israeli AI startup Run:ai because it threatens competition in the markets where the companies operate, the European Commission said on Thursday. The… Article Source https://www.calcalistech.com/ctechnews/article/rk7fhg11bjg

Oracle, IBM, Deloitte win £700m Synergy Programme for HMG

Oracle, IBM, Deloitte win £700m Synergy Programme for HMG

It’s one of the government’s biggest digital transformation projects – a plan to standardise half the civil service on a single SaaS system for finance and human resources across four of its biggest departments.  Oracle can now be… Article Source https://www.thestack.technology/oracle-ibm-deloitte-win-700m-synergy-programme-for-hmg/

NVIDIA Insiders Profit Over $700M in 2021 as Jensen Huang’s Chip Empire Grows to $3.2 Trillion – NVIDIA Shares Surge (UPDATED)

NVIDIA Insiders Profit Over 0M in 2021 as Jensen Huang’s Chip Empire Grows to .2 Trillion – NVIDIA Shares Surge (UPDATED)

Insiders at Nvidia Corp. have reportedly sold more than $700 million in stock so far this year as the company’s stock price continues to rise. This trend comes as demand for AI accelerator chips, a market in which Nvidia holds a strong position, continues to grow. The total number of shares sold by executives and … Read more