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Nvidia is reportedly investing up to $1 billion in Poolside
TechCrunch· 2025-10-30 21:10
Core Viewpoint - Nvidia is planning to invest between $500 million and $1 billion in AI software development platform Poolside, as part of a $2 billion funding round at a $12 billion valuation [1][2]. Group 1: Investment Details - Nvidia's potential investment in Poolside could increase to $1 billion if the company successfully completes the remaining funding round [2]. - This investment follows Nvidia's previous backing of Poolside during its $500 million Series B round in October 2024 [2]. Group 2: Nvidia's Broader Investment Strategy - Nvidia has been actively investing in various AI startups and is expanding its portfolio across different sectors [3]. - Recent investments include a $500 million exploration into U.K.-based self-driving company Wayve and a $5 billion stake in Intel for future chip collaboration [3].