Nvidia signs $6B Poolside deal, invests $1B more
Nvidia will pay $6B to license Poolside’s AI technology and invest an additional $1B at a $12B pre-money valuation, with over 100 employees joining to work on Nemotron.
NVDA Nvidia Signs $6B Poolside Deal to Build U.S.
Open-Weight AI ⠀ • Nvidia will pay $6B to license Poolside's AI technology and invest another $1B in the startup at a $12B pre-money valuation. • More than 100 Poolside employees are expected to join Nvidia and work on Nemotron, its open-weight AI model family. • Nvidia aims to build a U.S.-based open AI ecosystem capable of competing with Chinese models including DeepSeek and Kimi, while betting Nemotron can rival leading frontier models within the next year.