Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 19, 2024. Dubbed the Woodstock festival of AI by Bank of America analysts, GTC this year is set to draw 300,000 in-person and virtual attendees for the debut of Nvidia Corp.'s B100. Photographer: David Paul Morris/Bloomberg via Getty Images.
On Wednesday, California-based chipmaker Nvidia announced an agreement to acquire AI startup Run:ai, a move that hints at Nvidia's big plans for its cloud AI platform.
The acquisition is the first deal of its kind that Nvidia has made in four years, highlighting where the company's priorities may lie for the years ahead.
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