Nvidia Makes Waves With Poolside Deal, AI Investments

Nvidia Makes Waves With Poolside Deal, AI Investments

By Investor’s Business Daily
Publication Date: 2026-08-24 15:41:00

AI chip leader Nvidia (NVDA) is bucking up its capabilities in artificial intelligence software with a major licensing deal with AI startup Poolside and a possible investment in AI service provider Perplexity. Nvidia stock fell Monday. Late last week, news broke that Nvidia had signed a $6 billion licensing deal with Poolside to build a powerful open-weight AI model to…

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