Poolside Raises $500M to Compete with GitHub Using AI Coding Assistants

Wednesday, 2 October 2024, 18:22

Poolside raises $500M to enhance its AI coding assistants, challenging GitHub and other competitors in the tech industry. This significant funding aims to bolster development by acquiring crucial resources. The investment in 10,000 Nvidia GPUs highlights Poolside's commitment to next-gen AI solutions.
Siliconangle
Poolside Raises $500M to Compete with GitHub Using AI Coding Assistants

Poolside Raises $500M for AI Coding Revolution

In a bold move, Poolside raises $500 million to challenge GitHub and similar platforms with advanced AI coding assistants. The funds are strategically allocated, promising to enhance coding assistance technology.

Strategic Investments and Future Plans

  • Poolside's new funding enables the purchase of 10,000 Nvidia GPUs.
  • These GPUs are intended for developing and training next-gen AI models.
  • This investment positions Poolside as a formidable player in the software development landscape.

Industry Impact and Expectations

The tech world watches closely as Poolside aims to redefine coding with its AI solutions, potentially shifting the current market dynamics.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Subscribe to our newsletter for the most reliable and up-to-date tech news. Stay informed and elevate your tech expertise effortlessly.

Subscribe