Nvidia Fires a $7 Billion Warning Shot at OpenAI, DeepSeek and Kimi With Poolside Deal: Report (UPDATED)
Nvidia is spending $7 billion on Poolside to build open-weight AI models that challenge OpenAI, Anthropic, DeepSeek and Kimi.
Nvidia is spending $7 billion to build its own AI models instead of just selling chips to other companies. This shows Nvidia wants to compete directly and might mean it's confident in AI's future, but it's also a big, risky bet.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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