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Nvidia Inks $7B Deal with Poolside to Challenge OpenAI and DeepSeek

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

News Summary

  • Nvidia is investing $7 billion into AI startup Poolside—$6 billion in licensing and $1 billion in equity—to develop open-weight AI models.
  • The deal brings over 100 Poolside engineers to Nvidia's Nemotron project, directly challenging rivals like OpenAI, Anthropic, and DeepSeek.
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NVDA price history

210.96 +18.92% over the displayed period

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