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.