The global AI race is no longer just about talent migration—it is about fostering innovation at home.

Nvidia, the chipmaker, announced on 30 December that it has finalised its $700 million acquisition of Run:ai, Israeli AI startup.

Nvidia’s highly anticipated Blackwell AI chips are reportedly facing overheating issues, raising concerns about potential delays for customers relying on the technology. According to a report by global news platform The Information, the overheating occurs when the chips are installed in server racks designed to hold up to 72 units.

Nvidia’s stock surged to new heights on Monday, closing at its highest value ever and edging the AI chip giant closer to dethroning Apple as the world’s most valuable company.

NVIDIA, the multinational tech company, has recently announced the GB200 Grace Blackwell Superchip and the Blackwell B200 GPU, technologies with the potential to significantly advance the field of large-language models (LLMs) for generative AI.