Poolside inks $6B Nvidia deal at $12B valuation
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- Poolside struck a non-exclusive $6B licensing deal with Nvidia, according to sources cited by Newcomer
- Nvidia is making a $1B equity investment in Poolside at a $12B pre-money valuation
- 109 Poolside staffers received job offers from Nvidia as part of the broader deal
- Poolside is described by Newcomer as an artificial intelligence model-building startup
Why it matters: Nvidia is paying $6B for a license, investing $1B at a $12B pre-money valuation, and offering jobs to 109 Poolside staffers — acquiring IP, equity, and talent in a single arrangement. The non-exclusive license lets Poolside still monetize its technology elsewhere, while Nvidia secures both the code and the team that built it.
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