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Nvidia Seals $7B Poolside Deal to Accelerate Open-Weight AI Expansion

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Nvidia is investing $1 billion in AI startup Poolside and paying $6 billion to license its technology.
  • Over 100 engineers will join Nvidia's Nemotron open-weight AI initiative, positioning the chipmaker to compete directly with OpenAI, Anthropic, and Chinese developers like DeepSeek.
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NVDA price history

212.17 +17.98% over the displayed period

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