Nvidia is spending $7 billion on Poolside to build open-weight AI models that challenge OpenAI, Anthropic, DeepSeek and Kimi.

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.