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#poolside · How AI Is Reshaping Work

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Nvidia paid $6B for a licence and made offers to 109 people AI & Jobs

Nvidia paid $6B for a licence and made offers to 109 people

Newcomer obtained the Poolside investor letter on August 21. Nvidia pays $6B to license the Model Factory, invests another $1B at a $12B pre-money valuation, and extends offers to 109 employees. Legally this is not M&A. In career terms it is a complete transfer of a technical core.

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