Nvidia (NVDA) to Invest Up to $1B in AI Startup Poolside in Its Latest AI Power Move

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2025.10.31 08:39
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Nvidia plans to invest up to $1 billion in French AI startup Poolside, which develops AI models for coding automation. This investment could quadruple Poolside's valuation, which is currently seeking $2 billion at a $12 billion pre-money valuation. Nvidia's contribution may start at $500 million, with potential growth based on fundraising success. The investment aligns with Nvidia's strategy to diversify its AI portfolio and support Poolside's expansion plans. Despite a recent dip in Nvidia's stock, it remains up over 50% year-to-date, with a strong buy consensus rating.