Nvidia pays Poolside $6bn to license its model factory and hire 109 staff
Covered by 2 sources
Read the full article
Nvidia agreed to pay Poolside $6 billion for a non-exclusive license to its Model Factory software and offered jobs to 109 Poolside staff, while investing $1 billion in the remaining company valued at $12 billion. This deal follows Nvidia's similar arrangements with Groq and Enfabrica, allowing it to acquire technology and talent without full acquisitions. Poolside's founders remain with the company, which developed AI models using Nvidia server chips.
