2024-03-18 04:01:52
The Israeli company was founded in 2018 by Omri Golmer and Dr. Ronan Der, and together the two managed to raise about 119 million dollars since its establishment, with the last fundraising round in 2022 in which they raised about 75 million dollars. “Run:AI” has built several operating systems for new artificial intelligence processors, based on advanced virtualization technologies. Its customers include many companies, among them startups that use artificial intelligence in many fields. The deal money will be used for the expansion of the development center in Tel Aviv, as well as for the absorption of many employees, including engineers, developers, product managers and more.
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Nvidia employs about 30 thousand people and a total of about 3,200 people in Israel. In the last quarter of 2023, it presented revenues that grew 3.6 times compared to the corresponding quarter last year, and these amount to 22.1 billion dollars. Also, its value is 2.2 trillion dollars.
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