Poolside AI
Overview
Poolside AI is a French-based AI startup specializing in advanced AI models designed to automate and optimize coding processes. Founded on July 10, 2023, by Jason Warner, former CTO of GitHub, and Eiso Kant, a software entrepreneur, the company has rapidly gained attention in the tech industry. Poolside AI has accumulated significant funding, most notably raising $500 million in October 2024 to reach unicorn status with a $3 billion valuation. As of 2025, Poolside is raising an additional $2 billion, aiming to push its valuation to $12 billion. The company is headquartered in Paris, France.
Recent Developments
- October 2025: Poolside AI announced a partnership with CoreWeave to build a massive AI data center known as Project Horizon in West Texas, a significant infrastructure project designed to address power and compute bottlenecks. The facility will host over 40,000 GPUs, with CoreWeave acting as the anchor tenant.
- October 2025: Nvidia, a leading chipmaker, plans to invest up to $1 billion in Poolside AI as part of a larger funding round aimed at raising $2 billion, valuing the company at $12 billion. This investment is intended to quadruple Poolside’s valuation.
- October 2025: Project Horizon, a 2 GW AI campus, was launched to enhance Poolside's infrastructure. The campus is set on 568 acres in West Texas and will allow Poolside control over energy and compute resources.
- July 2025: Citigroup’s Global Technology Banking Chief, Philip Drury, joined Poolside AI as Chief Investment Officer, further indicating the company’s strategic expansion and financial foresight.
- April 2025: Poolside presented advancements in AI-assisted software development at AWS Startups, emphasizing its commitment to transforming enterprise software engineering through innovative AI solutions.
- March 2025: Poolside's revenue hit $50 million, reflecting significant growth from $30 million the previous year, showcasing its increasing market reach and financial success.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | July 10, 2023 |
| Headquarters | Paris, France |
| Founders | Jason Warner and Eiso Kant |
| Revenue | $50 million (as of 2025) |
| Profits | Not publicly disclosed |
| Key Investors | Bain Capital, Nvidia, eBay, Bpifrance |
| Industry | Artificial Intelligence, Software Development |
| Number of Employees | 62 |
Early History
Founded in 2023, Poolside AI quickly positioned itself as a frontrunner in integrating AI into software development. The company's initial focus was on developing AI models that could autonomously generate and improve code, promising significant advancements in enterprise software engineering. Initially bootstrapped through a $26 million seed round, the company soon attracted major investments, including $100 million from a consortium led by Bpifrance. This early-stage investment allowed Poolside to establish a robust research and development pipeline and lay the groundwork for successive funding rounds, positioning it as a key player in AI-driven software solutions by 2024.
Company Profile and Achievements
Poolside AI has carved out a niche in AI-assisted software development, existing at the forefront of creating AI models that augment human capabilities in coding.
- 2023: Formed by Jason Warner and Eiso Kant with a vision of using AI to propel software development, focusing initially on developing reliable models.
- October 2024: The company raised a $500 million Series B round, bolstered by investments from Bain Capital and Nvidia, affirming its unicorn status with a $3 billion valuation.
- Strategic Partnerships: Poolside has partnered with AWS, enabling it to offer its software development tools via Amazon Bedrock, fortifying its presence in cloud-based AI solutions.
- Proprietary Models: Developed two large language models, Malibu and Point, specifically for software coding, utilizing unique Reinforcement Learning from Code Execution Feedback (RLCEF) techniques.
- Global Contributions: Collaborated with EleutherAI to create open AI training datasets, reinforcing its commitment to transparency and community engagement in AI research.
Current Operations and Market Position
Currently, Poolside AI is a vital player in the AI-driven software development sector, integrating AI seamlessly into enterprise environments.
- Market Impact: With a rapidly growing revenue base, Poolside has become synonymous with AI-driven efficiency and innovation in code generation, particularly within regulated industries such as finance and defense.
- Competitive Edge: Through its proprietary models and strategic partnerships, the company positions itself as a leader in AI infrastructure, leveraging cutting-edge technology to offer superior coding solutions.
- Strategic Investments and Infrastructure Development: The ongoing Project Horizon and strategic partnerships with entities like Nvidia highlight its ambitions to dominate the AI domain with unparalleled infrastructure and technological prowess.
Conclusion
As of 2025, Poolside AI stands as a beacon of innovation within the software development industry, with its commitment to advancing artificial general intelligence and enhancing software engineering processes. Through strategic partnerships and groundbreaking AI models, Poolside is poised to continually redefine software creation dynamics. This progression aligns with their mission to pioneer an era where AI not only assists but significantly enhances human intelligence in various industries. As Poolside navigates the evolving technological landscape, its focus on innovation and strategic growth promises a future where AI-driven solutions become the cornerstone of software development.