AI coding startup Poolside raises $500M from eBay, Nvidia and others

Quick Summary:

The cash came in the form of a Series B led by Bain Capital Ventures, which also had participation from a who’s who of big tech firms including eBay (via eBay Ventures) and Nvidia.

Poolside, the AI-powered software dev platform, has raised half a billion dollars in new capital.

Polaris Research projects that the AI coding tools market could be worth some $27 billion by 2032.

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Article Details

Author / Journalist: Kyle Wiggers

Category: Technology

Markets: United StatesCuba

Topics: Dev Coding Startups Fundraising Startup Poolside.ai Generative AI Developer AI Enterprise

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-02 @ 16:20:40 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 521 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22851757

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