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 $1 billion if Poolside successfully completes the rest of its fundraising goal. Poolside, which builds AI models for software development, has already secured over $1 billion in commitments for this new round, with approximately $700 million coming from existing investors.
This would mark Nvidia’s second investment in the startup, following its participation in Poolside’s $500 million Series B funding round in October 2024.
This potential nine-figure investment highlights Nvidia’s ongoing strategy of aggressively backing a diverse portfolio of AI startups, which in turn drive demand for its advanced GPUs. This year, Nvidia has also explored a $500 million investment in the U.K.-based self-driving company Wayve and recently took a $5 billion stake in its chipmaking rival, Intel, with plans for future collaboration.
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