News Score: Score the News, Sort the News, Rewrite the Headlines

Nvidia in advanced talks to acquire AI21 in $2-3 billion deal focused on talent

EXCLUSIVE: The move would mark Nvidia’s fourth major Israeli purchase and signal the limits of Israel’s LLM ambitions.Chip giant Nvidia is in advanced talks to acquire AI21 Labs, one of the few Israeli startups developing a large-scale language model for artificial intelligence, Calcalist has learned. According to estimates, the deal could be valued at $2-3 billion, up from AI21’s last known valuation of $1.4 billion, set during a fundraising round completed in 2023.AI21 completed a $300 million...

Read more at calcalistech.com

© News Score  score the news, sort the news, rewrite the headlines