Background waves

Nvidia is reportedly investing up to $1B in Poolside

GettyImages-2216028442.jpg

Semiconductor giant Nvidia is planning a major investment of at least $500 million, potentially reaching up to $1 billion, in Poolside. Poolside is a company that develops AI models aimed at supporting software development. According to Bloomberg, which cites inside sources, this investment will be part of a larger $2 billion funding round. Notably, the round values Poolside at approximately $12 billion. While Nvidia’s initial commitment is significant, the final amount could rise to $1 billion if the rest of the funding round is completed successfully.

Nvidia’s Ongoing Relationship with Poolside

Nvidia is not new to Poolside’s journey. The company previously invested during Poolside’s $500 million Series B round in October 2024. With this new round, Nvidia continues to strengthen its dedication to advancing artificial intelligence and software development. This ongoing support highlights Nvidia’s firm belief in the potential of Poolside’s technology.

Nvidia’s Increasing Focus on AI Investments

Besides investing in Poolside, Nvidia has also shown strong interest in other prominent AI startups. For instance, in October 2024 Nvidia evaluated a possible $500 million investment in Wayve, a UK-based self-driving technology company. Moreover, just last month, Nvidia secured a $5 billion stake in Intel, with the intention of collaborating on future AI chip projects. These strategic moves indicate that Nvidia is diversifying its investment portfolio, thus exploiting the growing opportunities in AI-driven sectors.

Currently, Poolside has not responded to requests for further details about the investment.

Tags: Nvidia, investime, inteligjencë artificiale, startup, Poolside, teknologji