Nvidia to buy Israeli deep learning co Deci AI - report
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 Nvidia's customers produce more from the GPUs and AI servers they lease or buy. While Run:ai improves the efficiency of each chip and allows a greater number of applications and workloads to be run on it, Deci "compresses" generative AI language models and allows them to work more efficiently on each Nvidia server.
