Nvidia Licenses Poolside AI Technology in $6 Billion Deal

Poolside AI has secured a major deal with Nvidia, licensing its technology for $6 billion. This is part of a larger investment package that includes a $1 billion infusion into Poolside at a valuation of $12 billion pre-money.

The agreement was disclosed in a letter to investors obtained by Newcomer. Nvidia's non-exclusive license for the AI model-building startup's technology gives it access to advanced artificial intelligence capabilities.