MARKETS
Technology

Nvidia Is Coming for OpenAI and DeepSeek With $6 Billion Poolside Deal to Build a Powerful Open-Weight AI Model: Report

Aug 24, 2026 · 12:21 AM ET· updated 1h ago
Nvidia Is Coming for OpenAI and DeepSeek With $6 Billion Poolside Deal to Build a Powerful Open-Weight AI Model: Report

Nvidia is spending $7 billion on Poolside to build open-weight AI models that challenge OpenAI, Anthropic, DeepSeek and Kimi.

Share
Why It Matters

Nvidia is investing lots of money to build a new AI model that anyone can use and modify, which means they're competing with other big AI companies. This shows Nvidia wants to be involved in many different parts of the AI business, not just selling computer chips.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
Tickers in Play

Last session drawn · prints held ~15 minutes · licensed exchange data

Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.