💨 Abstract

The EU antitrust authorities will decide by Dec. 20 on Nvidia's proposed acquisition of Israeli AI startup Run:ai, as per a European Commission filing. The deal, which threatens competition in the markets the companies operate in, has raised concerns about 'killer acquisitions.' Nvidia, a major player in the chip industry for AI applications like ChatGPT, announced the acquisition in April for around $700 million.

Courtesy: theprint.in

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