Core Insights - Nvidia Corp. plans to invest up to $1 billion in the AI startup Poolside, which would quadruple Poolside's valuation to $12 billion in its latest funding round [1][3] - Poolside has already secured over $1 billion in commitments for this funding round, including approximately $700 million from existing investors [2] - The new valuation of Poolside represents a significant increase from the $3 billion valuation reported in a previous funding round last year [3] Company Overview - Poolside focuses on coding automation with applications in government and defense, and aims to develop artificial general intelligence (AGI) [4] - Nvidia's investment highlights its role in fostering an expanding ecosystem of AI startups, which may become significant customers in the future [5] - Poolside intends to use part of the new capital to purchase Nvidia's GB300 chips, indicating a strategic partnership [5] Infrastructure Development - Poolside announced a partnership with CoreWeave Inc. to construct one of the largest data centers in the US, known as Project Horizon, with a capacity of 2 gigawatts [6]