Nvidia Corporation to invest up to US$1 billion in AI startup Poolside AI

Nvidia is set to invest up to US$1 billion in AI startup Poolside AI, according to Bloomberg sources cited by Reuters. Poolside is in talks to raise a total of US$2 billion at a pre-money valuation of US$12 billion, with Nvidia’s commitment expected to begin at US$500 million and rise depending on milestones. Poolside offers AI-powered coding assistants and has secured over US$1 billion in funding commitments. The deal highlights Nvidia’s broader strategy of investing directly into AI-software platforms, not just its chips, and reflects the “infrastructure-to-applications” move in the generative-AI ecosystem.