positive
Nvidia to invest up to $1 billion in French AI startup Poolside amid $12 billion valuation
Nvidia Corporation is preparing to invest as much as $1 billion into French AI startup Poolside, whose valuation is reported to soar to approximately $12 billion. The funding and strategic partnership reflect Nvidia’s push into Europe and advanced AI model infrastructure, while Poolside aims to build large-scale models and generative systems from a French base.
The deal could help shift some AI cloud and compute infrastructure investment outside the US, signalling a potential decentralisation of AI infrastructure hubs.
Explore:Mutual Fund Screening
positive
Nvidia to invest up to $1 billion in French AI startup Poolside amid $12 billion valuation
Nvidia Corporation is preparing to invest as much as $1 billion into French AI startup Poolside, whose valuation is reported to soar to approximately $12 billion. The funding and strategic partnership reflect Nvidia’s push into Europe and advanced AI model infrastructure, while Poolside aims to build large-scale models and generative systems from a French base.
The deal could help shift some AI cloud and compute infrastructure investment outside the US, signalling a potential decentralisation of AI infrastructure hubs.
Explore:Mutual Fund Screening
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positive
Nvidia to invest up to $1 billion in French AI startup Poolside amid $12 billion valuation
1 min read
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Nvidia plans up to $1 billion investment in French AI startup Poolside, boosting its valuation to $12 billion.
Nvidia Corporation is preparing to invest as much as $1 billion into French AI startup Poolside, whose valuation is reported to soar to approximately $12 billion. The funding and strategic partnership reflect Nvidia’s push into Europe and advanced AI model infrastructure, while Poolside aims to build large-scale models and generative systems from a French base.
The deal could help shift some AI cloud and compute infrastructure investment outside the US, signalling a potential decentralisation of AI infrastructure hubs.
Nvidia Corporation is preparing to invest as much as $1 billion into French AI startup Poolside, whose valuation is reported to soar to approximately $12 billion. The funding and strategic partnership reflect Nvidia’s push into Europe and advanced AI model infrastructure, while Poolside aims to build large-scale models and generative systems from a French base.
The deal could help shift some AI cloud and compute infrastructure investment outside the US, signalling a potential decentralisation of AI infrastructure hubs.
Companies:
Nvidia Corporation
Poolside
Tags:
AI
investment
AI
investment
infrastructure
Europe
Nvidia