Nvidia Strikes $7 Billion Poolside AI Deal as It Plans 15%+ System Price Hikes
Updated
Updated · Yahoo Finance · Aug 24
Nvidia Strikes $7 Billion Poolside AI Deal as It Plans 15%+ System Price Hikes
3 articles · Updated · Yahoo Finance · Aug 24
Summary
$7 billion is the scale of Nvidia’s reported Poolside agreement—$1 billion of investment plus $6 billion to license technology and hire most of the startup’s engineers to build open-weight AI models.
More than 15% price increases are also coming for Vera Rubin and Grace Blackwell systems in early 2027, with surging memory costs cited as a key driver for the higher server prices.
Those moves arrive ahead of Nvidia’s Wednesday earnings report, where analysts expect Q2 revenue to rise 13% to $92.01 billion.
NVDA rose nearly 1% in overnight trading after a six-session, 4.8% slide, while the Poolside push would put Nvidia in more direct competition with OpenAI, Anthropic and Chinese rivals such as DeepSeek and Kimi K3.