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 Pours Billions Into Poolside to Build Top-Tier Open-Source AI(3 posts)→
More from Companies & People
- Scoring 6 enterprise AI use cases: why boring AP invoice exceptions beat the customer chatbot — kashifmanzoor · 2026-08-23
- Consumer AI is underrated for navigating complex systems like healthcare and finance — emollick · 2026-08-23
- CS majors fall from grace, Microelectronics tops 2026 salary list — 创业邦 · 2026-08-23
- DeepSeek API offers weekend low pricing, prompting speculation on 'Token night shifts' — lxfater · 2026-08-23
- Indie dev product 'timebid' takes the top spot on a viral billboard leaderboard — ayushtweetshere · 2026-08-23
- Cursor Originally Launched as a CAD Assistant Before Pivoting to Code — jakedahn · 2026-08-23