Nvidia agreed a $6 billion licensing deal for coding models from the start-up Poolside and offered jobs to more than 100 of its staff, according to a Bloomberg report on 20 August 2026. Poolside's investor letter says it sold distribution rights after failing to raise the money needed for a large computing cluster. The commentary frames the deal against falling model prices and rising use of freely available open-weight models.
What changed
Nvidia's open-model work rested on its own internally built Nemotron models.
- $6 billion licensing deal
- 100+ Poolside staff hired
- open-weight share 33% to 54% at Vercel
- GPT-5.6 Sol price cut over 20%
Sources