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Nvidia is paying Poolside $6bn to license the software it used to build AI models, hiring 109 of its staff, and investing $1bn in what is left. Poolside's investor letter insists this is not an ...
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Nvidia's $6 billion deal for Poolside's model factory is a wager on open-source models driving chip demand
A recent Goldman Sachs report argues cheap artificial intelligence is bullish for AI adoption, but could challenge profitability at the frontier labs. A host of highly capable, affordable AI models ...
The 118-billion-parameter model matches models several times its size on agentic coding and is small enough to run on a single desktop. It is available today under an OpenMDW-1.1 license. Laguna S 2.1 ...
The Newcomer post is based on a Poolside letter to investors, according to the report. Nvidia will also invest $1 billion in Poolside at a $12 billion pre-money valuation, and Poolside’s three ...
Nvidia spent $7 billion — $6 billion for a software license and $1 billion for an equity stake — on an AI startup that ran out of money trying to compete against Chinese labs, and every model it plans ...
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