NVIDIA is reportedly set to invest between $500 million and $1 billion in AI software platform Poolside. This investment could increase NVIDIA's stake if Poolside achieves a $2 billion funding round, which would value the company at $12 billion. NVIDIA had previously participated in Poolside's B-round financing in October 2024.
The chipmaker is actively expanding its AI startup portfolio, with recent strategic moves including a potential $500 million investment in autonomous driving startup Wayve and a $500 million stake in Intel. These investments highlight NVIDIA's commitment to strengthening its position in the AI sector.
NVIDIA Plans Up to $1 Billion Investment in AI Platform Poolside
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
 

 
 
 
  
  Rewards Hub
 Rewards Hub