Nvidia is paying Poolside $6B to license its model factory and hiring 109 of the people who built it.

Poolside told investors the license is non-exclusive, covering the system used to train its Laguna open model, plus job offers to 109 employees and a separate $1B investment at a $12B pre-money valuation. The letter insists this is neither acquisition nor acquihire, and the three cofounders stay. r/LocalLLaMA It follows the structure Nvidia used with Groq ($20B) and Enfabrica ($900M), and it makes the largest GPU vendor a direct competitor to its own model-building customers. Reported by Newcomer and The Information; I'd treat the exact terms as investor-letter framing until confirmed.