Reports: Nvidia to Use $6bn Poolside Deal to Build Open-Weight Models
- Nvidia Corp is paying $6bn to AI startup Poolside to license technology and hire most of its engineers, while also investing $1bn in equity at a $12bn valuation, marking a four-fold jump from Poolside's 2025 valuation of $3bn.
- The agreement aims to build open-weight AI models capable of challenging Chinese developers like DeepSeek and Moonshot AI's Kimi, aligning with Nvidia CEO Jensen Huang's recent emphasis on an open ecosystem to diffuse AI capabilities across sectors.
- More than 100 Poolside employees, including engineers, will join Nvidia to work on its Nemotron open-weight AI project, while founders Eiso Kant and Jason Warner remain independent and continue their own research work.
- The move places Nvidia in direct competition with U.S. AI leaders OpenAI and Anthropic, while Hugging Face data shows Alibaba's Qwen models were downloaded more than 3bn times over six months, outpacing global rivals.
- Poolside said the deal aims to advance AGI as an open technology rather than one "controlled by few," as Nvidia increasingly backs open-weight efforts amid rising competition from Chinese-developed models gaining global ground.
29 Articles
29 Articles
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Nvidia looks to build its own AI models with $7 billion Poolside deal
Nvidia looks to build its own AI models with $7 billion Poolside deal Click this link for the original source of this article. Author: Daily Caller This content is courtesy of, and owned and copyrighted by, https://www.offthepress.com and its author. This content is made available by use of the public RSS feed offered by the...
Nvidia to invest $6 billion to build U.S. open-weight AI model alternative to China’s DeepSeek, Kimi K3, and Qwen - Tech Startups
Nvidia is committing roughly $6 billion to a sweeping deal with AI startup Poolside, aiming to build one of the most capable U.S. open-weight AI models yet and challenge China’s growing lead in downloadable models from DeepSeek, Moonshot AI, and […] The post Nvidia to invest $6 billion to build U.S. open-weight AI model alternative to China’s DeepSeek, Kimi K3, and Qwen first appeared on Tech Startups.
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