NVIDIA CorporationNvidia licenses Poolside's AI tech and invests $6B to develop open-weight AI model, strengthening its AI portfolio.

Nvidia is making an aggressive push into AI models with a multibillion-dollar deal to license Poolside's technology and develop a powerful open-weight system aimed at rivals including OpenAI, Anthropic, DeepSeek and Kimi. Nvidia will pay $6 billion to license Poolside's AI technology and invest another $1 billion in the startup at a $12 billion pre-money valuation, according to The Wall Street Journal. More than 100 Poolside employees, including engineers, are expected to join Nvidia and work on its Nemotron open-weight AI project. Poolside said the deal aims to advance AGI as an open technology rather than one controlled by few, and the startup will remain independent with founders Eiso Kant and Jason Warner staying outside Nvidia. Nvidia shares closed at $214.72 on Friday, down 0.98%, and rose 0.31% to $215.38 in after-hours trading.
NVIDIA CorporationNvidia licenses Poolside's AI tech and invests $6B to develop open-weight AI model, strengthening its AI portfolio.
Poolside receives $6B license and $1B investment at $12B pre-money valuation, boosting its financial position.