NVIDIA (NVDA) to Invest $1 billion in Poolside, Reports Bloomberg

Group 1 - NVIDIA Corporation plans to invest up to $1 billion in the AI company Poolside, with an initial investment of $500 million that could increase based on fundraising targets [1][2] - Poolside is aiming to raise $2 billion at a valuation of $12 billion, excluding previously raised funds [2] - NVIDIA's investment reflects its strategy to support an ecosystem of AI startups, with Poolside intending to use part of the capital to purchase NVIDIA's GB300 chips [3] Group 2 - NVIDIA is enhancing its collaboration with Hyundai Motor Group to innovate in autonomous vehicles, smart factories, and robotics through the new NVIDIA Blackwell-powered AI factory [4] - Polen Capital initiated positions in NVIDIA and Broadcom in August after a hiatus of 2.5 years, citing concerns over the cyclical nature of their business models and the difficulty in forecasting future earnings growth [4]