Nvidia has agreed to pay $6 billion to license AI model development software from startup Poolside and hire 109 of its employees, according to a report cited by Techub News. The Information was named as the source of the report. The deal is described as part of Nvidia’s push to strengthen its position in artificial intelligence software while also bringing in more talent. The item was shared by Techub News and referenced Cointelegraph in the post. No additional transaction details were disclosed in the brief, and the report focused on the size of the payment, the software licensing arrangement, and the planned hiring of Poolside staff.
Nvidia has agreed to pay $6 billion to license AI model development software from startup Poolside and hire 109 of its employees, according to The Information, as cited in a Techub News brief.
The report said the deal is intended to strengthen Nvidia’s position in artificial intelligence software and talent.
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