Poolside AI

{{Short description|French artificial intelligence company}}

{{Infobox company

| name = Poolside AI

| logo = Poolside_AI_company_logo.jpg

| industry = Artificial intelligence

| founded = {{Start date and age|2023}}

| key_people = {{Unbulleted list

| Jason Warner (President and Co-Founder)

| Eiso Kant (CTO and Co-Founder)

}}

| hq_location_city = Paris

| hq_location_country = France

| homepage = {{URL|https://poolside.ai|poolside.ai}}

| products = {{Unbulleted list

| GenAI

}}

}}

{{Artificial intelligence}}

Poolside AI or poolside is a French startup specializing in the development of computer programs using artificial intelligence.{{cite web | url=https://www.challenges.fr/entreprise/tech-numerique/mistral-ai-poolside-h-ces-cinq-start-up-francaises-a-la-pointe-de-lia_598261 | title=Mistral AI, Poolside, H... Ces cinq start-up françaises à la pointe de l'IA | date=10 February 2025 }} It focuses on creating advanced AI models to automate and improve coding processes, emphasizing security, privacy, and efficiency for businesses.{{Cite web|url=https://poolside.ai/|title=poolside|website=poolside}}{{cite web | url=https://sifted.eu/articles/poolside-ai-margarida-garcia-interview | title='We have to build a very strong revenue engine': Poolside AI gets ready to release product after a year of secrecy }}

History

Poolside AI was founded on July 10, 2023. Its CEO, Jason Warner, is the former CTO of GitHub.{{cite web | url=https://www.unusual.vc/team-members/jason-warner | title=Jason Warner }} It secured a seed funding of $26 million, followed shortly by an additional $100 million funding round with participation from Bpifrance, Xavier Niel, and Rodolphe Saadé.{{cite web | url=https://www.usine-digitale.fr/article/la-start-up-poolside-en-passe-de-lever-400-millions-de-dollars-pour-son-assistant-au-code.N2214900 | title=La start-up Poolside en passe de lever 400 millions de dollars pour son modèle d'IA dédié au code | date=21 June 2024 | last1=Digitale | first1=Usine }}{{cite web | url=https://www.01net.com/actualites/poolside-ai-la-startup-deviendrait-francaise-xavier-niel-aurait-investi.html | title=Poolside AI : La startup deviendrait française, Xavier Niel aurait investi | date=25 August 2023 }}

Founded in the United States, the company moved their headquarters to Paris in August 2024.{{cite web | url=https://www.techzine.eu/news/applications/124436/french-start-up-poolside-wants-to-break-through-with-ai-for-writing-code/ | title=French start-up Poolside wants to break through with AI for writing code | date=16 September 2024 }}

In October 2024, the company raised $500 million from Bain Capital, along with a pool of investors including eBay and Nvidia.{{cite web | url=https://techcrunch.com/2024/10/02/ai-coding-startup-poolside-raises-500m-from-ebay-nvidia-and-others/ | title=AI coding startup Poolside raises $500M from eBay, Nvidia, and others | date=2 October 2024 }}{{cite web | url=https://www.zdnet.fr/actualites/poolside-leve-500m-pour-la-genai-appliquee-au-coding-398951.htm | title=Poolside lève 500M$ pour la GenAI appliquée au coding | date=4 October 2024 }} This valued the company at $3 billion, giving it unicorn status.{{Cite web |title=Poolside Raises $500 Million to Build AI Coding Software |url=https://www.bloomberg.com/news/articles/2024-10-02/poolside-raises-500-million-with-bain-dst-for-coding-ai?embedded-checkout=true |website=Bloomberg}}{{cite web | url=https://siecledigital.fr/2024/09/16/poolside-cette-startup-parisienne-qui-vise-une-valorisation-de-3-milliards-de-dollars-avant-meme-son-premier-produit/ | title=Poolside : Cette startup parisienne qui vise une valorisation de 3 milliards de dollars avant même son premier produit - Siècle Digital | date=16 September 2024 }}

Activity

Poolside AI aims to generate computer code using a large language model.{{cite web | url=https://www.lesechos.fr/start-up/deals/la-start-up-dia-generative-poolside-leve-500-millions-de-dollars-2122932 | title=IA générative : La licorne tricolore Poolside lève 500 millions de dollars | work=Les Echos | date=2 October 2024 }}

In December 2024, Poolside and AWS announced a strategic partnership to offer secure and customizable generative AI solutions for software development on Amazon Bedrock and Amazon EC2. This collaboration allows businesses to deploy Poolside's AI Assistant and its foundational models (Malibu and Point) within their existing AWS environment, benefiting from AWS's security and performance.{{cite press release | url=https://www.prnewswire.com/news-releases/poolside-and-aws-announce-strategic-agreement-to-enable-secure-customized-generative-ai-for-software-engineering-on-amazon-bedrock-and-amazon-elastic-cloud-compute-ec2-302322759.html | title=Poolside and AWS announce strategic agreement to enable secure, customized generative AI for software engineering on Amazon Bedrock and Amazon Elastic Cloud Compute (EC2) }}

References

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