Nvidia Licenses Poolside's AI Models for $6 Billion, Invests $1 Billion More

Nvidia Corp. has made a significant move in the world of artificial intelligence by agreeing to pay $6 billion to license AI models from Poolside, a startup.

The deal also includes an additional $1 billion investment from Nvidia at a valuation of $12 billion, not including those funds, according to people familiar with the situation.

Nvidia will extend job offers to more than 100 employees of Poolside as part of the agreement, allowing the startup to continue operating independently.