SOURCES: Poolside Strikes $6 Billion Licensing Deal with Nvidia & Raises $1 Billion for Remaining Company at $12 Billion Valuation

Poolside AI, an artificial intelligence model-building startup, has struck a non-exclusive licensing deal with Nvidia for $6 billion and raised $1 billion in new investment at a $12 billion pre-money valuation, according to a letter to investors obtained by Newcomer.

EXCLUSIVE TO NEWCOMER: Poolside AI, the artificial intelligence model-building startup, has struck a non-exclusive licensing deal with Nvidia for $6 billion, plus a $1 billion investment in Poolside at a $12 billion pre-money valuation, according to a letter to investors obtained by Newcomer.