AI BriefingNvidia Signs $6 Billion Deal with Poolside
Key point
Nvidia has invested $1 billion in Poolside and paid $6 billion for technology licensing and talent acquisition to begin developing Nemotron.
Details
Nvidia has signed a large-scale deal to invest $1 billion in AI startup Poolside and pay $6 billion for technology licensing.
The core of this deal is the transfer of personnel. More than 100 Poolside engineers will move to Nvidia to join the development of the Nemotron models.
This move is interpreted as a strategic step by Nvidia to compete with open-weight models originating from China.
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