Our first story has been rumored ever since Nvidia GTC. Nvidia has acquired Run:ai Labs. The deal is valued as high at around $700 million according to reports, down from the projected high of up to $1 billion. Run:ai has created a virtualization layer for deep learning workloads that allows for accelerated training for AI models while also reducing the amount of resources used. Part of the way this is accomplished is through parallel computing algorithms that break the models into smaller units for faster completion. We recently had a chance to see what Run:ai was doing as part of the VAST Data Showcase.
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