Poolside, founded by ex-GitHub CTO Jason Warner, is raising nearly $500 million at a $3 billion valuation, highlighting strong investor interest in AI startups.
The investment highlights a strong investor appetite for AI startups, despite the cooling public markets. Poolside aims to build the 'most capable AI' for software coding.
Despite the tech market's volatility, Poolside's approach focuses on engaging developers with a demo product, contrasting with competitors targeting corporate clients.
Poolside's founders have kept details sparse, but they aim to expand their AI coding capabilities into other fields after initial success in software.
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