BRUSSELS, Nov 19 (Reuters) - EU antitrust regulators will make a decision on U.S. chipmaker Nvidia's proposed acquisition of Israeli AI startup Run:ai by Dec. 20, according to a European Commission filing.
The EU antitrust watchdog warned last month that the deal threatens competition in the markets where the companies operate and ordered Nvidia to seek its approval before it can close the deal.
The Commission can either clear the deal with or without remedies during its preliminary review or it can subsequently open a four-month long investigation if it has serious concerns.
Antitrust regulators on both sides of the Atlantic have in recent years voiced concerns about killer acquisitions where large players buy start-ups in order to shut them down.
Nvidia, whose processors are essential in the chip industry due to their ability to power AI applications including training models like ChatGPT, announced the Run:ai acquisition in April valued at around $700 million according to a report by Tech Crunch.
(Reporting by Foo Yun Chee; Editing by Susan Fenton)
((foo.yunchee@thomsonreuters.com; +32 2 585 2866; Reuters Messaging: foo.yunchee.thomsonreuters.com@reuters.net))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。