Run: AI is the brainchild of some Tel Aviv tech wizards, Omri Geller and Dr. Ronen Dar, who've cooked up a nifty bit of AI kit that's got Nvidia's chequebook twitching. Since 2018, the company has been on a mission to make AI's brainpower hum like a dream on GPUs, and it looks like Nvidia wants in.
Run:ai has developed an orchestration and virtualisation software layer tailored to the unique needs of AI workloads running on GPUs and similar chipsets. Run: AI’s Kubernetes-based container platform for AI clouds efficiently pools and shares GPUs by automatically assigning the necessary amount of computing power – from fractions of GPUs to multiple GPUs to multiple nodes of GPUs.
Geller told Calcalist : “We are the leading company in our sector and it is important to us to establish ourselves as a big company that is building the AI operating system. We have been selling our product for only a year and a half, and we already have millions of dollars in revenue.”
Run:ai already bagged €63 million in their last cash call, with the big dogs at Tiger Global Management and Insight Partners leading the pack. They've raked in a tidy €99 million to fuel their tech fire.
Word on the street is that if Nvidia seals the deal, it'll be their first Israeli scoop since they bagged Mellanox for €5.8 billion in 2019.
In less than a year, Nvidia's value has doubled from €840 billion to a mind-blowing €1.68 trillion, leaving tech giants like Amazon and Google eating their dust.
With Nvidia's stock rocketing to the stratosphere, they're now the heavyweight champ of Wall Street, tipping the scales with a hefty five per cent of the S&P 500 index.