Nvidia is reportedly investing up to $1B in Poolside, deepening its AI strategy and expanding its influence in software development.
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Nvidia invests up to $1B in Poolside’s AI bet
Nvidia is reportedly investing up to $1B in Poolside Nvidia is doubling down on the future of AI software development with a massive potential investment of up to $1 billion in Poolside , according to Bloomberg. The AI startup, known for building advanced AI models for software creation , is currently raising a $2 billion funding round at a $12 billion valuation . Nvidia’s latest move signals its intent to stay at the center of the AI revolution beyond chips — by investing in the tools that power next-generation software development. Image Credits:Li Hongbo/VCG / Getty Images Why is Nvidia investing in Poolside? Nvidia’s reported $1B investment in Poolside fits its broader strategy of expanding its AI ecosystem . Poolside’s platform develops AI models that help engineers write, debug, and build software faster , aligning with Nvidia’s goal to make AI more accessible to developers. This isn’t Nvidia’s first time backing the startup — it previously participated in Poolside’s $500 million Series …