According to Bloomberg, chip giant Nvidia is negotiating to invest at least $500 million and possibly up to $1 billion in Poolside, a startup specializing in building AI models for software development.
This investment will be in the $2 billion capital calling round that Poolside is mobilizing, with a enterprise valuation of $12 billion.
If the capital mobilization round is successfully completed, Nvidia could become the largest investor in Poolside's new capital call.
This is not the first time Nvidia has invested in this company. In October 2024, the company participated in the $500 million Series B round, marking a strategic cooperation between the two sides in the field of generative AI and automatic programming tools.
The investment in Poolside shows that Nvidia continues its strategy of expanding the AI ecosystem, in addition to promoting cooperation in many technology fields.
In October, the company revealed that it is considering investing $500 million in the UK-based self-driving car startup Wayve.
Just a month earlier, Nvidia also bought a $5 billion stake in Intel to promote future chip manufacturing cooperation.
These steps reflect Nvidia's ambition to strengthen its leadership in the AI market, not only with GPUs but also in AI development platforms and tools.
