Saturday, August 22, 2026
Nvidia to pay $6B for Poolside AI license, invest $1B more
Nvidia agreed to pay $6 billion to non-exclusively license AI startup Poolside's Model Factory system for building its Laguna family of coding models, and will extend job offers to more than 100 Poolside employees, Bloomberg reported August 20 citing Newcomer. Nvidia is separately investing $1 billion in Poolside at a $12 billion valuation, with the startup continuing to operate independently under its existing co-founders.
/ Sources
/ About this story
Compiled by Venture Atlas from the sources above, using automated AI-assisted research. This is a summary of reporting published elsewhere, not original reporting - follow the source links for the full account. See our editorial standards.
Something wrong here? Email flightatlas.contact@gmail.com and we will fix it.
/ Related
- Palantir and Nvidia ship a sovereign supply-chain AI stackThursday, September 10, 2026
- Nvidia targets 2 GW of AI factories in AustraliaThursday, September 10, 2026
- Nvidia confirms $12.93 billion Hugging Face acquisitionThursday, September 3, 2026
- Nvidia nears $14 billion Hugging Face deal this weekWednesday, September 2, 2026