Dec. 30 at 7:10 PM
Nvidia is reportedly in advanced talks to acquire AI21 Labs for
$2 billion to
$3 billion, according to Israeli outlet Calcalist. If completed, it would mark Nvidia’s fourth acquisition in Israel and its second-largest there after Mellanox. The deal is said to focus heavily on AI21’s roughly 200 employees, most of whom have advanced academic backgrounds and rare expertise in artificial intelligence, implying a valuation of about
$10 million to
$15 million per employee.
AI21 Labs is one of the few Israeli companies developing a large language model and was last valued at
$1.4 billion following a 2023 funding round. Reports last summer suggested the company raised
$300 million in a round led by Nvidia and Google, though this was never officially confirmed.
Founded in 2017 by Amnon Shashua and partners, AI21 has benefited from the surge in AI investment. Shashua is also the founder and CEO of Mobileye.
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