Nvidia may buy Israel's AI21 Labs startup for $3 billion
Nvidia is reportedly nearing a $2 billion to $3 billion acquisition of Israeli AI startup AI21 Labs, a move driven by a desire for its highly skilled talent in large language model development. This potential deal signifies a major exit for AI21 Labs and aligns with Nvidia's significant expansion plans in Israel, including a large R&D campus.
Nvidia is reportedly nearing a $2 billion to $3 billion acquisition of Israeli AI startup AI21 Labs, a move driven by a desire for its highly skilled talent in large language model development. This potential deal signifies a major exit for AI21 Labs and aligns with Nvidia's significant expansion plans in Israel, including a large R&D campus.
