Nvidia Reportedly In Advanced Talks To Buy AI21 Labs For Up To $3B

Nvidia is reportedly in advanced talks to buy Israel-based AI21 Labs in a deal valued around $2B–$3B. If it happens, it’s not just “chips buying software” — it’s Nvidia pushing further up the AI stack into models, talent, and product.

What Happened

Nvidia is in advanced negotiations to acquire AI21 Labs, an Israeli AI startup, with a reported price range of $2B–$3B. AI21 was valued around $1.4B in a 2023 round that included Nvidia and Google. Nvidia’s growing Israel footprint, including plans for a major R&D campus near Haifa that could house up to 10,000 employees, with construction expected to start in 2027 and opening targeted for 2031. Nvidia and AI21 did not comment.

Why The Market Cares

Theme A: Nvidia is trying to own more of  ...