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Barchart
Barchart
Subhasree Kar

A $6 Billion Reason to Buy Nvidia Stock Now

Nvidia Corporation (NVDA) is making another aggressive move to strengthen its position in the global artificial intelligence (AI) race, and its recently reported $6 billion licensing deal with AI startup Poolside could prove strategically important, along with $1 billion in equity investment.

The agreement gives Nvidia access to Poolside’s AI model-development technology and brings more than 100 engineers into its Nemotron effort, as the chipmaker looks to accelerate open-weight AI models that can compete with increasingly capable Chinese alternatives such as DeepSeek and Kimi.

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