TECHNOLOGYQUARTZ
Nvidia is paying $6 billion to license AI model software from startup Poolside
Nvidia is entering into an agreement to pay $6 billion for licensing AI model software from Poolside. Furthermore, Nvidia plans to invest an additional $1 billion in Poolside and will hire over 100 of the startup's engineers to work on Nemotron models.
Related Signal
Adjacent reporting
- Nvidia is launching a revenue-sharing model to give AI startups access to its hardware
- Nvidia commits $90 billion to AI deals
- Nvidia has already committed $40B to equity AI deals this year
- Nvidia teams with Wall Street firms to help finance $500 billion for AI infrastructure
- Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year