Nvidia reportedly strikes $6 billion deal with Poolside to build open-weight AI models

Nvidia reportedly strikes $6 billion deal with Poolside to build open-weight AI models

N
News Editor
2026-08-23 03:53:42
Nvidia is reportedly entering a $6 billion agreement with Poolside to develop open-weight artificial intelligence models, according to a report cited by Odaily via Coin Bureau. The reported deal centers on a model approach that could lower AI costs, improve customization, and give enterprises greater control over deployments. The report also said broader AI adoption could lift demand for Nvidia’s chips, networking gear, and software. It framed the arrangement as part of Nvidia’s effort to benefit from rising AI activity regardless of which company ultimately leads the sector. While the report did not provide additional terms or timing, it highlighted open-weight models as a structure that may appeal to companies seeking more flexibility and control over their AI stack.

Nvidia is reportedly reaching a $6 billion deal with Poolside to develop open-weight artificial intelligence models, according to a report cited by Odaily via Coin Bureau.

The report said open-weight models could bring lower AI costs, stronger customization, and greater control for enterprise users.

It also said a broader expansion in AI use cases may increase demand for Nvidia’s chips, networking equipment, and software. According to the report, Nvidia is looking to profit from that demand regardless of which AI company ends up in the leading position.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
240

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.