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More than 100 employees from startup Poolside will join Nvidia to develop the Nemotron open weight model family. The chipmaker is paying $6 billion to license the startup's technology and investing $1 billion at a $12 billion pre money valuation.
The agreement aims to create a US based AI ecosystem to challenge Chinese models including Kimi and DeepSeek. Nvidia is betting that Nemotron can rival leading frontier models within one year, providing a lower cost, customizable alternative to closed systems from OpenAI and Anthropic.
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Key sources
- SOURCE@wsj“build an open artificial-intelligence ecosystem in the U.S. that would compete with Chinese heavyweights and American AI giants”x.com
- SUPPORT@wallstengine“NVIDIA is betting Nemotron can rival leading frontier models within the next year”x.com
- SUPPORT@mtslive“develop one of the world’s most powerful open-weight models”x.com
- SUPPORT@stocksavvyshay“pushes toward frontier-level performance”x.com
- SOURCE@wsj“one of the world’s most powerful open-weight AI models”x.com
- SUPPORT@firstsquawk“compete with Chinese heavyweights and American AI giants”x.com
- SUPPORT@techmeme“compete with Chinese models like DeepSeek and Kimi”x.com
- SOURCEhuggingnewshuggingnews.com