Nvidia in talks to buy AI21 Labs for up to $3 billion

Nvidia is reportedly in advanced talks to acquire Israeli AI start-up AI21 Labs for as much as $3 billion. The discussions are said to be focused on bringing AI21’s roughly 200 staff to Nvidia in what the report describes as an acquihire.

Nvidia is reportedly in advanced discussions to acquire Israeli AI start‑up AI21 Labs for up to $3 billion, according to a financial report. The talks are said to have moved to senior levels and to centre on hiring AI21 personnel. AI21 has shifted from consumer writing tools toward enterprise language models in recent years. The company was valued at about $1.4 billion in 2023 and employs roughly 200 people. What was reported: - A financial daily reported that Nvidia is in advanced talks to buy AI21 Labs for up to $3 billion. - The discussions were described as focusing on personnel, with the deal framed as an acquihire rather than primarily a technology purchase. - AI21 employs about 200 people and has shifted its product focus toward specialised enterprise language models. - The report said Google had shown interest in the past and that Nvidia previously participated in AI21’s funding rounds. - Estimates cited in the report put AI21’s recent revenue near $50 million and noted Nvidia plans to expand its R&D presence in Israel. Summary: If completed, the acquisition would increase Nvidia’s AI workforce in Israel and would be among its larger transactions there. Whether the companies will finalise terms or when a deal might close is undetermined at this time.