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Nvidia to Pay $6 Billion for Poolside AI Model License, Invest Additional $1 Billion and Absorb Over 100 Employees

According to media reports, Nvidia has agreed to pay AI startup Poolside a $6 billion model licensing fee and will extend job offers to more than 100 of…

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According to media reports, Nvidia has agreed to pay AI startup Poolside a $6 billion model licensing fee and will extend job offers to more than 100 of its employees. Nvidia will also make a $1 billion strategic investment in Poolside at a $12 billion valuation (excluding the licensing fee).

Original: https://wallstreetcn.com/articles/3780040

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