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Nvidia Bets $1B on AI Startup Poolside in Major Strategic Move

Nvidia Bets $1B on AI Startup Poolside in Major Strategic Move

Author:

Global Cryptocurrency

Published:

2025-10-31 09:09:02

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BTCCSquare news:

Nvidia is making a power play in artificial intelligence with plans to invest up to $1 billion in French coding automation startup Poolside. The deal WOULD quadruple Poolside's valuation amid its $2 billion funding round, positioning it among AI's most valuable newcomers.

The chipmaker previously backed Poolside's $500 million Series B last October. This deepening partnership reflects Nvidia's strategy of complementing its hardware dominance with strategic bets on next-generation AI software tools.

Poolside specializes in AI models that automate and optimize software development processes. The startup has already secured over $1 billion in commitments for its current round, including $700 million from existing investors.

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