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News  ›  Benzinga

Nvidia Eyes Another Talent-Focused Acquisition: Report

Benzinga Logo Benzinga By Erica Kollmann
Nvidia Eyes Another Talent-Focused Acquisition: Report

Nvidia is in advanced discussions to acquire AI21 Labs for $2-3 billion, primarily targeting the startup's 200-person workforce with specialized AI expertise. This follows Nvidia's recent $20 billion acquisition of Groq and reflects the company's strategy to expand its talent pool and footprint, particularly in Israel where CEO Jensen Huang plans to build a massive campus.

Insights
BACpL   neutral

The announcement indicates a significant increase in shareholding, which suggests strategic interest but without explicit positive or negative implications


NVDA   positive

Nvidia is actively pursuing strategic acquisitions to strengthen its AI capabilities and talent pool. The company is expanding aggressively with major deals (Groq $20B, AI21 Labs $2-3B) and building significant infrastructure in Israel, demonstrating confidence and growth momentum in the AI sector.