EU Approval Required for Nvidia's Acquisition of Run:ai

BRUSSELS (Reuters) – U.S. chipmaker Nvidia (NASDAQ: NVDA)'s proposed acquisition of AI startup Run:ai must receive approval from EU antitrust regulators before finalization,

the European Commission announced on Thursday.

The EU competition enforcer stated that Nvidia is required to formally seek approval for the deal, following a request from the Italian competition authority, which received the application for approval from the company.