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NVIDIA Acquires Israeli AI Startup Illumex in $60 Mn Deal

Nvidia

NVIDIA has acquired Israeli artificial intelligence startup Illumex in a deal estimated at approximately $60 million, according to industry sources. While financial terms were not officially disclosed, the acquisition marks another strategic move by NVIDIA to deepen its enterprise AI and data infrastructure capabilities. Illumex had previously raised around $13 million in seed funding from … Read more