Nvidia ↔ Poolside: every deal

Alongside the license, Poolside receives $1 billion of equity at a $12 billion pre-money valuation.

According to a letter to investors, Nvidia pays $6 billion for a non-exclusive license and part of the team: the same structure used with Groq.

Bloomberg reports an initial investment of $500 million, up to $1 billion, in a $2 billion round at a $12 billion pre-money valuation. The round did not close and in January 2026 Poolside lost the GPU cluster it had reserved.