Nvidia invests $6B in Poolside to build US open-weight AI models
beffjezos · x · 2026-08-23
Nvidia will pay $6B to license Poolside's AI technology and invest another $1B in the startup at a $12B pre-money valuation, reports WSJ. Over 100 Poolside employees will join NVIDIA to work on Nemotron, its open-weight model family. The goal is to build a US-based open AI ecosystem to compete with Chinese models like DeepSeek and Kimi, and offer a cheaper alternative to closed models.
Related event: Nvidia's Reported $7B Poolside Deal Targets Top Open-Weight Model(14 posts)→
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