Nvidia plans to invest between $500 million and $1 billion in Poolside, a company that develops AI models to support software development. Bloomberg reported that this funding will be part of Poolside’s ongoing $2 billion round, which values the startup at about $12 billion. If Poolside completes the rest of the round, Nvidia’s total investment could reach $1 billion.
This move builds on Nvidia’s earlier support for Poolside. The chipmaker participated in Poolside’s $500 million Series B round in October 2024. Nvidia continues to expand its AI investment portfolio, backing startups that push innovation across different sectors.
In October, Nvidia announced plans to invest $500 million in Wayve, a self-driving technology company based in the U.K. Just last month, it acquired a $5 billion stake in Intel, aiming to collaborate on future chip development.
Nvidia’s growing involvement in the AI ecosystem highlights its strategy to stay at the forefront of artificial intelligence and computing innovation. Poolside representatives did not immediately respond to requests for comment.
