Nvidia reportedly investing $1Bn in Poolside

Chipmaking giant Nvidia is reportedly preparing a major investment of $500 million to $1 billion in Poolside, an AI startup focused on building models that assist in software development, according to Bloomberg. The deal is expected to be part of Poolside’s $2 billion funding round, which would value the company at roughly $12 billion.

If the round closes successfully, Nvidia’s total commitment could climb to the upper end of that range, the report said.

This wouldn’t be Nvidia’s first bet on Poolside — the company also took part in the startup’s $500 million Series B round back in October 2024.

The move underscores Nvidia’s strategy of deepening its presence in the AI ecosystem. Beyond chipmaking, the company has been channeling capital into a variety of AI ventures — from a potential $500 million investment in British self-driving tech firm Wayve to a $5 billion equity stake in Intel aimed at future chip development partnerships.