We’ve got the letter to investors.
Nvidia agreed to pay $6 billion to license Poolside AI's Model Factory and invested $1 billion in equity, valuing the AI coding startup at $12
Nvidia licenses Poolside's code models for $6B and invests $1B equity ($12B valuation), hiring 109 engineers. The deal consolidates AI developer tools into Nvidia's stack; the chip vendor now owns the foundation-model-to-copilot layer for software engineering.
Nvidia pays $6B for Poolside's Model Factory, hiring 109 staff while keeping founders in non-exclusive deal. This signals AI infrastructure commoditizing via licensing—bypassing M&A review—while $2B+ barriers make frontier models unviable for startups.
Nvidia acquires Poolside's Model Factory for $6 billion and incorporates 109 engineers, bringing foundation model training in-house. The move makes Nvidia both supplier and competitor to customers, extending vertical integration from chips into model development.
According to sources cited by the newspaper, the deal will allow the company to use AI startup Poolside’s technologies and hire most of its engineers
Nvidia Corporation (NVDA), the world’s dominant supplier of AI chips, is making a strong push into the software that runs on them. The company a...
Nvidia is paying $6 billion for software that builds AI models from the startup Poolside, and it wants to bring on 109 employees.
Nvidia is paying Poolside $6bn to license its model-building software and hire 109 staff. The letter insists it is not an acquisition.