Poolside Raises $500M to Compete with GitHub Using AI Coding Assistants
Wednesday, 2 October 2024, 18:22
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.
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