$NVDA Is Spending $6 Billion to Build a Powerful U.S. Alternative to Chinese Al, According to WSJ

Nvidia will pay $6B to license Poolside’s AI technology and invest another $1B in the startup at a $12B pre-money valuation. More than 100 Poolside employees are expected to join NVIDIA and work on Nemotron, its open-weight AI model family. The goal is to build a U.S.-based open AI ecosystem capable of competing with Chinese models such as DeepSeek and Kimi, while also offering a lower-cost, customizable alternative to closed models from OpenAI and Anthropic. NVIDIA is betting Nemotron can rival leading frontier models within the next year. Source: WSJ