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@tfu
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Insiders revealed that the startup company Poolside, which develops software for writing artificial intelligence, is in a new round of financing negotiations, which will give it a valuation of $3 billion before releasing its initial product. According to informed sources, the company will raise nearly $500 million in financing. BainCpitalVentures, an existing investor of Poolside, is in talks to lead this round of investment. Both Poolside and Bain Capital Ventures have not commented. Poolside was founded in early 2023 by Jason Warner, former Chief Technology Officer of GitHub, and software entrepreneur Eiso Kant. After obtaining a seed round funding of $126 million, this startup moved to France last year. In addition, two other Parisian startups, MistralAI and H, have also received significant funding to create generative artificial intelligence models. @drunky 0 reply
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