NVIDIA Invests Billions in Poolside AI Software

NVIDIA Corp (NVDA) is investing $10 billion in startup Poolside to acquire rights to its AI model development software. This significant investment marks a strategic shift for Poolside, which has transitioned from focusing solely on code AI agents to developing data center technologies.

Prior to the deal, NVIDIA launched an open-source AI model using its powerful server chips. The company will also gain access to Poolside's 'Model Factory', a system that produces AI models.

NVIDIA plans to extend job offers to 109 Poolside employees involved in the 'Laguna' AI model project, integrating their talent and expertise into its operations.