Nvidia is looking to invest $1 billion in startup Poolside

Some sources have reported that Nvidia plans to invest at least $500 million and up to $1 billion in Poolside. This company is active in the field of building artificial intelligence models for software development.

According to Bloomberg, knowledgeable sources told this publication that this investment was part of a $2 billion funding round that Poolside is attracting with a value of $12 billion. If the remaining stages of this round of financing are completed successfully, the investment amount of Nvidia may increase to 1 billion dollars.

Nvidia invests in Poolside

Of course, this is not Nvidia’s first investment in Poolside, and the chip giant previously participated in the startup’s Series B financing round in October 2024, with an amount equivalent to $500 million.

Nvidia, which has been one of the most active investors in artificial intelligence startups, has expanded its investment portfolio to more diverse areas in the last year. The company announced in October that it was considering a $500 million investment in British self-driving vehicle company Wayve. Also, last month, Nvidia took a step towards future cooperation in the field of chip production by buying shares worth 5 billion dollars in Intel.

Nvidia has also formed a close partnership with OpenAI and has invested nearly $100 billion in the company. OpenAI will use the capital injected by Nvidia to buy chips from the company and expand its computing infrastructure.

But Nvidia’s investment portfolio is not limited to artificial intelligence. This week it was announced that Nvidia is going to invest 1 billion dollars in Nokia. The cooperation between Nvidia and Nokia will expand to the field of artificial intelligence and 6G. Nvidia is expected to make more investments in companies active in the field of artificial intelligence.