FUNDING
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FUNDING$6B license + $1B invest
Nvidia Pays Poolside $6B to License AI Models
Nvidia agreed to pay AI startup Poolside $6B to license its model-development software and invest $1B more at a $12B valuation, while hiring more than 100 Poolside employees onto its own teams.
DEEP DIVE
AI
Poolside Strikes $6B Nvidia Deal, Raises $1B at $12B
AI$6B licensing + $1B raise
Poolside Strikes $6B Nvidia Deal, Raises $1B at $12B
AI coding-model startup Poolside struck a $6B licensing deal with Nvidia for its model-development software and separately raised $1B for the remaining company at a $12B valuation, Newcomer reports.
DEEP DIVE
BIG TECH
Nvidia Pays $6B to License Poolside's Coding AI
BIG TECH
Nvidia Pays $6B to License Poolside's Coding AI
Nvidia agreed to pay $6B to non-exclusively license Poolside's code-generation models and invest $1B at a $12B valuation, while extending job offers to roughly 109 Poolside employees.
DEEP DIVE