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

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 — Live Feedhttps://www.live-feeds.com/feed/nvidia-becomes-a-buyer-of-last-resort-for-its-own-gpus-by-earmarking-7-billion-for-poolside-just-as-sam-altman-admits-heContinuously updated, source-cited coverage. Nvidia enters $6 billion licensing deal with Poolside to counter AI modelshttps://www.live-feeds.com/feed/nvidia-becomes-a-buyer-of-last-resort-for-its-own-gpus-by-earmarking-7-billion-for-poolside-just-as-sam-altman-admits-hehttps://www.live-feeds.com/feed/nvidia-becomes-a-buyer-of-last-resort-for-its-own-gpus-by-earmarking-7-billion-for-poolside-just-as-sam-altman-admits-he#u48324Tue, 25 Aug 2026 11:20:58 +0000Nvidia is paying Poolside $6 billion for a licensing agreement to develop a powerful U.S. alternative to Chinese and other American AI models. As part of the arrangement, Nvidia will tap Poolside staff. Poolside has also raised $1 billion in additional funding, bringing the company's valuation to $12 billion. The deal positions Nvidia to compete directly in the AI model space while providing a strategic hedge against international competition.Why it mattersThe move signals Nvidia's shift from providing hardware to competing in the software and model layer of the AI stack. This strate