{"id":251313,"date":"2025-10-31T01:43:18","date_gmt":"2025-10-31T01:43:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/251313\/"},"modified":"2025-10-31T01:43:18","modified_gmt":"2025-10-31T01:43:18","slug":"nvidia-to-invest-up-to-1-billion-in-ai-startup-poolside-bloomberg-news-reports","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/251313\/","title":{"rendered":"Nvidia to invest up to $1 billion in AI startup Poolside, Bloomberg News reports"},"content":{"rendered":"\n<p class=\"yf-1090901\">(Reuters) &#8211;<a href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\/\" data-ylk=\"slk:Nvidia;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a> will invest up to $1 billion in AI company Poolside, in a deal that would quadruple the startup&#8217;s valuation, Bloomberg News reported on Thursday, citing people familiar with the matter.<\/p>\n<p class=\"yf-1090901\">Poolside is in discussions to raise $2 billion at a pre-money $12 billion valuation, Bloomberg reported, adding that Nvidia&#8217;s investment in the round would start at $500 million, with the potential to reach $1 billion if the startup meets its fundraising targets.<\/p>\n<p class=\"yf-1090901\">Poolside, which offers AI-powered coding assistants, has already secured more than $1 billion in commitments for the latest funding round, including roughly $700 million from existing investors, according to the report.<\/p>\n<p class=\"yf-1090901\">Poolside and Nvidia did not immediately respond to Reuters&#8217; requests for comment.<\/p>\n<p class=\"yf-1090901\">(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Maju Samuel)<\/p>\n","protected":false},"excerpt":{"rendered":"(Reuters) &#8211;Nvidia will invest up to $1 billion in AI company Poolside, in a deal that would quadruple&hellip;\n","protected":false},"author":2,"featured_media":251314,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,9359,276,277,53103,49,48,6494,117322,61],"class_list":{"0":"post-251313","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-ai-company","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-bloomberg-news","13":"tag-ca","14":"tag-canada","15":"tag-nvidia","16":"tag-poolside","17":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/251313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=251313"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/251313\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/251314"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=251313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=251313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=251313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}