Nvidia Reportedly Considers up to US$1 Billion Investment in AI Startup Poolside

Nvidia reportedly considers up to US$1 billion investment in AI startup Poolside

Nvidia is reportedly preparing to invest up to US$1 billion in AI startup Poolside, potentially increasing the company's valuation to as high as US$12 billion. Poolside is currently in the midst of a US$2 billion funding round, with more than half of that amount already secured, according to sources familiar with the matter.

Nvidia to invest $1B in AI startup Poolside: report (NVDA:NASDAQ)

Nvidia (NVDA) is in talks to invest $1B in artificial intelligence startup Poolside, Bloomberg reported. Read for more.

Nvidia to invest up to $1 billion in AI startup poolside

Artificial intelligence chip giant Nvidia will be investing as much as $1 billion in AI startup Poolside, according to Bloomberg. This deal could potentially more than quadruple the valuation of the startup. Poolside is in discussions to raise $2 billion at a $12 billion valuation, not including dollars raised. Nvidia’s investment in the round, which has not been previously reported, would start at $500 million, with the potential to reach $1 bi…

Nvidia may pour $1 billion into Poolside as part of $2B mega-round

Nvidia is reportedly planning to invest at least $500 million, and potentially up to $1 billion, in the AI startup Poolside, according to a new report from Bloomberg. The investment would be part of a massive $2 billion funding round that Poolside is currently raising, which would place the company at a $12 billion valuation. According to sources cited in the report, Nvidia’s commitment would begin at $500 million and could increase to the full …

BLK ALERTS - Nvidia is reportedly investing up to $1B in Poolside

Nvidia is an existing investor in the AI company and participated in its $500 million Series A round in 2024.