Nvidia to Pay $6 Billion for Poolside AI Tech and Hire More Than 100 Employees

Nvidia has agreed to pay $6 billion to license AI model-building technology from startup Poolside and will extend job offers to more than 100 of its employees, according to people familiar with the deal. The agreement also includes a separate $1 billion investment in Poolside at a $12 billion valuation, while the startup will continue operating independently. The deal underscores how aggressively Nvidia is expanding its reach beyond chips into the software and talent behind AI systems, a move that could affect competition in the fast-growing market for model development.