Nvidia has made a significant deal with AI startup Poolside, agreeing to a $6 billion licensing deal for AI model software. As part of the deal, Nvidia will also invest $1 billion in Poolside and hire over 100 of its engineers. The goal is to build a powerful open-weight AI model to compete with Chinese models and US AI giants.
Nvidia's deal with Poolside is aimed at creating a US alternative to Chinese AI capabilities. The company's Nemotron open-weight AI models will be supported by Poolside's Model Factory technology. This move comes as Nvidia faces challenges, including a recent stock fall following the announcement.
In other AI news, UiPath has launched Maestro Flow, a developer-first orchestration canvas for code-first AI orchestration. The tool aims to unify AI agent coordination and production-grade governance. NTT Data's Codex tool has seen rapid adoption, automating complex analysis in minutes with over 10,000 active users.
Meanwhile, SoundHound AI has received a Strong Buy rating from analysts, who see strong upside in the stock. The company focuses on voice recognition and natural language processing. In contrast, funds have sold $44.2 billion worth of semiconductor shares amid AI concerns, shifting their positioning and adding $16.7 billion to the telecom sector.
Alibaba plans a mega share sale to fund AI efforts, while game investments have dropped 76.3% year-on-year. Despite this, AI-driven platforms like Apollo Studio and Verse8 have secured significant funding for automated game production. Nvidia's stock has also been impacted by a reported plan to hike prices.
Key Takeaways
• Nvidia signs $6 billion licensing deal with Poolside to build open-weight AI models.• Nvidia to invest $1 billion in Poolside and hire over 100 engineers.
• UiPath launches Maestro Flow for code-first AI orchestration.
• NTT Data's Codex tool sees rapid adoption with over 10,000 active users.
• SoundHound AI receives Strong Buy rating from analysts.
• Funds sell $44.2 billion worth of semiconductor shares amid AI concerns.
• Alibaba plans mega share sale to fund AI efforts.
• Game investments drop 76.3% year-on-year.
• Nvidia faces stock challenges amid deal and price hike reports.
• Applied Digital and TeraWulf are two AI data center stocks with different growth trajectories.
Nvidia pays $6 billion for AI software license
Nvidia is paying $6 billion to license AI model software from startup Poolside. The chip designer will also invest $1 billion in Poolside and hire over 100 of its engineers. Poolside's Model Factory technology will help Nvidia build its Nemotron open-weight AI models. The deal aims to create a powerful open-weight AI model to compete with Chinese models and US AI giants.
Nvidia makes big AI software deal
Nvidia signed a $6 billion licensing deal with AI startup Poolside. The deal includes a possible investment in AI service provider Perplexity. Nvidia stock fell on the news.
Nvidia builds US alternative to Chinese AI
Nvidia has a $6 billion licensing deal with Poolside to build an open AI ecosystem in the US. The goal is to compete with Chinese heavyweights and American AI giants.
JustinMendez.ai offers free AI courses
JustinMendez.ai has launched two free educational resources: Agentic Engineer course and AI for Business Leaders workshop. The courses focus on agentic engineering and practical AI systems.
NTT Data's Codex automates complex analysis
NTT Data's Codex tool has seen rapid adoption, automating complex analysis in minutes. The tool has over 10,000 active users and is transforming workflows for technical and non-technical teams.
UiPath launches Maestro Flow
UiPath has announced Maestro Flow, a developer-first orchestration canvas for code-first AI orchestration. The tool aims to unify AI agent coordination and production-grade governance.
WPTG_B reports strong H1 growth
WPTG_B reported 30.6% revenue growth and 44.5% EBITDA growth year-over-year. The company will focus on integration and AI product deployment.
SoundHound AI stock gets strong buy rating
SoundHound AI focuses on voice recognition and natural language processing. Analysts see strong upside in SOUN stock with a Strong Buy rating.
Funds sell $44bn in semiconductors
Funds sold $44.2 billion worth of semiconductor shares amid AI concerns. The sales marked a shift in positioning, with funds adding $16.7 billion to the telecom sector.
Applied Digital vs TeraWulf
TeraWulf and Applied Digital are two AI data center stocks. TeraWulf's stock has seen significant growth, but Applied Digital has a more diversified revenue stream.
CNBC Daily Open
Alibaba plans a mega share sale to fund AI efforts. Nvidia price hike.
Game investments plunge 76%
Game investments dropped 76.3% year-on-year. AI-driven platforms like Apollo Studio and Verse8 secured significant funding for automated game production.
Sources
- Nvidia is paying $6 billion to license AI model software from startup Poolside
- Nvidia Makes Waves With Poolside Deal, AI Investments
- Nvidia Is Spending $6 Billion to Build a Powerful U.S. Alternative to Chinese AI
- JustinMendez.ai Launches Free Agentic Engineering Course and AI Workshop for Business Leaders
- NTT Data's Codex Automates Complex Analysis in Minutes
- How Investors May Respond To UiPath (PATH) Launching Maestro Flow For Code-First AI Orchestration
- WPTG_B: Strong H1 growth with 30.6% higher revenue and focus shifting to integration and AI product deployment
- 3 AI Stocks: Small-Cap Picks with Big Analyst Upside
- Funds sell $44bn in semiconductors on AI concerns
- Applied Digital vs. TeraWulf: Which AI Data Center Stock Is the Better Buy?
- CNBC Daily Open: The cost of AI, trade showdown and Iran's 'economic D-day'
- Game Investments Plunge 76% as AI Development Tools Attract Funding Surge
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