Nvidia invests $1B in Poolside and hires engineers for Nemotron
August 23, 2026
Nvidia is acquiring most of Poolside's engineering staff and licensing its technology through a $6 billion deal. The transition includes over 100 staff members moving to Nvidia to focus on Nemotron development.
HOW THIS AFFECTS YOU
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founderExpect increased competition in the high-end foundation model space as Nvidia integrates specialized talent into its stack.
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investorThis massive capital allocation signals Nvidia's aggressive push into the open-weights model market.