NVIDIA Becomes A Buyer Of Last Resort For Its Own GPUs By Earmarking $7 Billion For Poolside, Just As Sam Altman Admits He Was Wrong On The AI Timeline

In these 'bubble-esque' times, hardly a day goes by without NVIDIA inking a multi-billion dollar deal in some form or another. And yet, NVIDIA's deal with the AI startup Poolside might be its most significant agreement in a while, hinting at the GPU giant's growing internal penchant to hedge its risk exposure across the AI sphere. NVIDIA's deal with Poolside will help it in establishing a viable portfolio of open-weight Nemotron-class AI models, transforming the GPU giant into a buyer of last resort should the demand for its GPUs crumble The ongoing weekend has been news flow-dense when it comes […]