NVIDIA is set to invest up to $1 billion in the AI startup Poolside, according to a report from Bloomberg News. This investment is part of a larger funding round that could value Poolside, a company specializing in creating AI models to improve software coding, at $12 billion. The deal would see NVIDIA initially invest $500 million, potentially rising to $1 billion if Poolside meets fundraising targets. This move is the latest in a series of significant investments by NVIDIA across the artificial intelligence landscape, demonstrating a clear strategy to bolster its ecosystem beyond hardware. By backing companies like Poolside, NVIDIA is securing its influence in the crucial AI software and development tools market, ensuring continued demand for its core chip technology. No specific market reaction to this investment was available.