AI startup Poolside raises 500M as AI coding market booms

Get the Full StoryAI 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. Poolside has developed its own language model, which promises to accelerate software development. The company also boasts two eye-catching co-founders. CEO Jason Warner helped create GitHub Copilot, while CTO Eiso Kant is a serial founder of AI startups. At Poolside, the pair are building three things: This story continues at The Next Web

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