Nvidia Reportedly Investing $1B in Poolside AI Startup

Nvidia Considers Significant Investment in AI Modeling Firm Poolside

Nvidia, a leading semiconductor manufacturer, is reportedly considering an investment ranging from $500 million to $1 billion in Poolside, a company specializing in the creation of AI models designed for software development. This information stems from a report published by Bloomberg, referencing individuals familiar with the matter.

Details of the Potential Funding Round

According to Bloomberg’s sources, this potential investment forms a component of a larger $2 billion funding round that Poolside is currently seeking. The valuation associated with this funding is estimated at $12 billion.

The extent of Nvidia’s investment is contingent upon the successful completion of the entire funding initiative. Should Poolside secure the full $2 billion, Nvidia’s contribution could reach the $1 billion mark.

Prior Investment and Nvidia’s Broader Strategy

This prospective investment would not represent Nvidia’s initial financial involvement with Poolside. The company previously participated in Poolside’s $500 million Series B funding round, which concluded in October 2024.

Nvidia has demonstrated a consistent pattern of investment in AI-focused startups, actively diversifying its portfolio across various sectors. Recent examples include exploration of a $500 million investment in Wayve, a U.K.-based autonomous driving technology firm, announced in October.

Recent Strategic Partnerships

Furthermore, last month, Nvidia solidified a $5 billion stake in Intel, signaling intentions for collaborative efforts in future chip development. This highlights Nvidia’s commitment to strengthening its position within the broader technology landscape.

TechCrunch has contacted Poolside to request further details regarding this potential investment.