Nvidia plans $6B open-weights model to challenge DeepSeek, Kimi, OpenAI
FinanceYF5 · x · 2026-08-26
The WSJ reports Nvidia plans to invest $6B to build one of the world's strongest open-weights AI models. Nvidia will license technology from Poolside, integrate its 100+ employees into the Nemotron project, and invest an additional $1B (pre-money valuation $12B). The move aims to challenge Chinese open models like DeepSeek and Kimi, and compete directly with OpenAI and Anthropic.
Related event: Nvidia pours $6B into Poolside deal to boost open models(4 posts)→
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