Nvidia in talks for up to $3B AI21 Labs LLM acquisition

On December 30–31, 2025, multiple outlets reported that Nvidia is in advanced negotiations to acquire Israeli generative AI startup AI21 Labs for between $2 billion and $3 billion, citing Calcalist. Reuters said the talks focus heavily on acquiring AI21’s roughly 200-strong large language model talent base, while Times of India and Chinese financial media echoed the reported valuation range.([reuters.com](https://www.reuters.com/business/nvidia-advanced-talks-buy-israels-ai21-labs-up-3-billion-report-says-2025-12-30/))