Semiconductor giant Nvidia is reportedly looking to make a sizable investment in AI software development platform Poolside.<\/p>\n
Nvidia is looking to invest at least $500 million, and up to $1 billion, in Poolside, which builds AI models for software development, according to reporting from Bloomberg<\/a>, which cited sources. This investment would be part of a $2 billion funding round Poolside is raising at a $12 billion valuation, according to Bloomberg.<\/p>\n Nvidia\u2019s investment could rise to $1 billion if the company successfully completes the rest of the funding round, Bloomberg reported.<\/p>\n This wouldn\u2019t be Nvidia\u2019s first investment in Poolside. Nvidia previously backed Poolside in its $500 million Series B round<\/a> in October 2024.<\/p>\n Nvidia, already a prolific investor in AI startups, has been broadening its portfolio to include diverse sectors. For example, Nvidia said it was exploring a $500 million investment into U.K.-based self-driving company Wayve<\/a> in October. Last month, the company took a $5 billion stake in Intel<\/a> with plans for future chip collaboration.<\/p>\n TechCrunch reached out to Poolside for more information.<\/p>\n","protected":false},"excerpt":{"rendered":"Semiconductor giant Nvidia is reportedly looking to make a sizable investment in AI software development platform Poolside. Nvidia…\n","protected":false},"author":2,"featured_media":23415,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,5696,218,219,61,60,233,68457,80],"class_list":{"0":"post-112969","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-models","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-ie","13":"tag-ireland","14":"tag-nvidia","15":"tag-poolside","16":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/112969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=112969"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/112969\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/23415"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=112969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=112969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=112969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}