AI startup Poolside has raised a whopping $500mn — and it still hasn’t even launched a product. Despite the barren release schedule, the company has become an investors’ darling. The new Series B round brings Poolside’s total funding to $626mn. Its valuation now stands at a cool $3bn. The cash magnet is a AI-powered coding.

BING NEWS:
  • AI startup Perplexity’s valuation triples to $9B in latest funding round: Bloomberg (Update)
    Nvidia (NVDA)-backed AI startup Perplexity AI has closed a $500M funding round, tripling its valuation to $9B, Bloomberg News reported on Wednesday, citing peop ...
    12/18/2024 - 6:08 am | View Link
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