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Monday, August 24, 2026
Nvidia bets $6B on Poolside, eyes Perplexity at $30B
Nvidia is paying $6 billion to license technology from Poolside, an AI coding startup, as part of building a US-made model to compete with China. The company is also considering investing in Perplexity at a $30 billion valuation with an additional tech licensing deal.

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Top Stories
TechCrunch
Outer Biosciences keeps living human skin tissue viable for over a month and uses AI to rapidly discover new cosmetic ingredients, generating candidates every six weeks compared to the industry's 18-month timeline. The startup has raised $23 million and plans to license its discoveries rather than build consumer products directly.
The Verge
LinkedIn's new AI content detection button has been clicked over 1 million times and has successfully reduced AI-generated content visibility by 40%, addressing widespread concerns about artificial posts flooding the platform.
TechCrunch
DeepMind alumni-founded Inherent claims its AI agent Faraday outperformed much larger models from Anthropic and OpenAI at replicating scientific research, using a fraction of the computing power by employing reinforcement learning to develop "research taste." The startup, which raised $50 million in seed funding, aims to build AI systems capable of discovering new scientific knowledge.
Wall Street Journal
Nvidia is investing $7 billion in Poolside AI to build a US-competitive open-source model, signaling Nvidia's pivot toward direct AI model development and reflecting growing geopolitical tensions in the AI race against China.
The Information
Nvidia is discussing investing in AI search startup Perplexity at a $30+ billion valuation, more than triple its previous $9 billion valuation, potentially including both equity investment and a technology licensing deal.
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Industry Voices
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