PYMNTS.com December 30, 2025
Nvidia is reportedly in advanced discussions to acquire Israeli artificial intelligence (AI) startup AI21 Labs.
The company is among the few startups in Israel working on a large-scale language model for artificial intelligence, Israeli tech publication Calcalist reported Tuesday (Dec. 30).
The report says the deal could be valued at between $2 billion and $3 billion, up from AI21’s last known valuation of $1.4 billion, reached during a fundraising round in 2023.
PYMNTS has contacted Nvidia for comment but has not yet gotten a reply.
According to the report, AI21 completed a $300 million fundraising round earlier this year led by Nvidia and Google, though it never officially confirmed the round. Estimates at the time indicated that the valuation had...
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