According to Bloomberg, Nvidia plans to invest up to $1 billion in artificial intelligence start-up Poolside to participate in the company's latest round of $2 billion financing. The report pointed out that this round of financing will be valued at US $12 billion (excluding new funds), which means that the market evaluation of Poolside has increased significantly since about US $3 billion last year.

The Poolside was co-founded by former GitHub executive Jason Warner and Eiso Kant. The company focuses on automated programming (coding automation) technology, mainly used in the field of government and defense, and to create artificial general intelligence (AGI) as a long-term development goal.

The report pointed out that the Poolside plans to use part of the funds raised to purchase Nvidia's latest GB300 AI chips, and to promote the construction of a "Project Horizon" data center in CoreWeave cooperation with cloud computing companies. The facility is located in West Texas and has a design capacity of 2GW, making it one of the largest AI infrastructures in the United States.

As of mid-October, Nvidia has invested in more than 59 AI start-ups this year, including Perplexity AI and Figure AI, showing its strategic layout of continuing to expand the AI ecosystem.