Nvidia Secures $6 Billion Deal with AI Startup Poolside

Partnership aims to develop AI models to compete with Chinese market leaders

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Nvidia has entered a $6 billion agreement with AI startup Poolside to develop artificial intelligence models capable of competing with Chinese firms DeepSeek and Kimi K3.
The deal includes technology access and the hiring of Poolside's engineering team.

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Nvidia is expanding its AI capabilities to compete with established Chinese AI models.

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NEW YORK, August 23. /TASS/. Nvidia has clinched a $6 billion deal with AI startup Poolside to create an artificial intelligence model that could compete with Chinese heavyweights DeepSeek and Kimi K3, The Wall Street Journal quoted sources as saying.

According to it, Nvidia will gain the right to use Poolside’s technologies and hire most of its engineers.

The founders of the startup have already notified the shareholders about a significant reorganization of the company, noting that the deal is intended to prevent artificial intelligence from becoming a closed technology controlled by a small number of people.

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What are the specific terms of the reorganization?
How soon will the new AI models be available?

Вице-премьер Александр Новак обещает, что доля топлива ниже стандарта «Евро-5» на российском рынке не превысит 10%. Крупные нефтяники отказываются от производства «Евро-2», «Евро-3» и «Евро-4». Баланс рынка будет поддерживаться импортом.

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1 min read

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Nvidia Secures $6 Billion Deal with AI Startup Poolside

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