★ Top story · Industry1d ago
Nvidia to Pay AI Startup Poolside a $6 Billion License, Newcomer Says
Nvidia has reached an agreement to acquire Poolside's proprietary software for AI model generation, known as the Model Factory, for $6 billion. The deal includes the transition of 109 employees from the startup to Nvidia. This acquisition provides Nvidia with specialized infrastructure designed to automate and accelerate the development of new AI models. By integrating these tools and the associated engineering team, the company aims to enhance its capabilities in automated software production and large-scale model creation.