Nvidia is reportedly investing up to $1 billion in Poolside 

Semiconductor giant Nvidia is reportedly looking to make a major investment in AI software development platform Poolside.

Nvidia is looking to invest at least $500 million and up to $1 billion in Poolside, which builds AI models for software development, according to Reporting from Bloombergwhich sources cited. The investment will be part of a $2 billion funding round Poolside is raising at a $12 billion valuation, according to Bloomberg.

Bloomberg reported that Nvidia’s investment could reach $1 billion if the company successfully completes the remaining funding rounds.

This wouldn’t be Nvidia’s first investment in Poolside. Nvidia previously supported Poolside $500 million Series B round In October 2024.

Nvidia, already a prolific investor in AI startups, is expanding its portfolio to include a variety of sectors. For example, Nvidia said it was exploring a A $500 million investment in UK-based self-driving company Wave Last month in October, the company $5 billion stake in Intel With plans for future chip collaboration.

TechCrunch reached out to Poolside for more information.