Nvidia has received unanimous approval from the European Union to complete its acquisition of Run:ai, an Israeli GPU orchestration platform. The EU determined that the merger would not create a monopoly due to other compatible hardware options available on the market. Despite this, the deal is still pending review by the US Department of Justice, which may impact its approval. The estimated $700 million purchase price was announced in April and marks a significant development for AI startups, indicating that consolidation in the market is currently acceptable.
Source: https://techcrunch.com/2024/12/20/nvidia-clears-regulatory-hurdle-to-acquire-runai