positive
32 days agoNvidia to invest up to US$1 billion in AI startup Poolside amid US defence AI push
Nvidia Corporation is reportedly planning an investment of up to US$1 billion into AI startup Poolside as part of a broader US defence-AI and commercial-AI infrastructure build-out. The deal comes as Poolside targets a US$2 billion funding round at a pre-money valuation of approximately US$12 billion, according to people familiar with the matter. Nvidia’s initial commitment may start at around US$500 million and rise if fundraising conditions are met. Poolside is focused on coding-assistant AI platforms and is seen as a potential strategic partner for large-scale GPU and inference architecture.
Companies:
- Nvidia Corporation
- Poolside
Tags:
- startups
- ai
Reuters• By Sneha Pathak
Explore:High Return Equity Mutual Fund
positive
32 days agoNvidia to invest up to US$1 billion in AI startup Poolside amid US defence AI push
Nvidia Corporation is reportedly planning an investment of up to US$1 billion into AI startup Poolside as part of a broader US defence-AI and commercial-AI infrastructure build-out. The deal comes as Poolside targets a US$2 billion funding round at a pre-money valuation of approximately US$12 billion, according to people familiar with the matter. Nvidia’s initial commitment may start at around US$500 million and rise if fundraising conditions are met. Poolside is focused on coding-assistant AI platforms and is seen as a potential strategic partner for large-scale GPU and inference architecture.
Companies:
- Nvidia Corporation
- Poolside
Tags:
- startups
- ai
Reuters• By Sneha Pathak
Explore:High Return Equity Mutual Fund
1 min read
90 words
Nvidia plans to invest up to US$1 billion in AI startup Poolside, which targets a US$12 billion valuation as it expands its coding-assistant AI platform.
Nvidia Corporation is reportedly planning an investment of up to US$1 billion into AI startup Poolside as part of a broader US defence-AI and commercial-AI infrastructure build-out. The deal comes as Poolside targets a US$2 billion funding round at a pre-money valuation of approximately US$12 billion, according to people familiar with the matter. Nvidia’s initial commitment may start at around US$500 million and rise if fundraising conditions are met. Poolside is focused on coding-assistant AI platforms and is seen as a potential strategic partner for large-scale GPU and inference architecture.
Nvidia Corporation is reportedly planning an investment of up to US$1 billion into AI startup Poolside as part of a broader US defence-AI and commercial-AI infrastructure build-out. The deal comes as Poolside targets a US$2 billion funding round at a pre-money valuation of approximately US$12 billion, according to people familiar with the matter. Nvidia’s initial commitment may start at around US$500 million and rise if fundraising conditions are met. Poolside is focused on coding-assistant AI platforms and is seen as a potential strategic partner for large-scale GPU and inference architecture.
Companies:
- Nvidia Corporation
- Poolside
Tags:
- startups
- ai
- startups
- ai
- funding
- technology
- defence
Oct 30, 2025 • 20:44