Nvidia reportedly reaches $6 billion deal with Poolside to develop open-weight AI models
2026-08-23 03:53
According to Odaily, reports indicate that Nvidia is finalizing a $6 billion deal with Poolside to develop open-weight AI models. Nvidia is positioning itself to compete with DeepSeek, Kimi K3, OpenAI, and Anthropic.
Open-weight models could lead to lower-cost AI, greater customization capabilities, and stronger enterprise control. The expanding range of AI applications will drive demand for Nvidia's chips, networking equipment, and software. Regardless of which AI company dominates the market, Nvidia is seeking to profit from the outcome. (Coin Bureau)
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