Poolside also plans to build a custom stack for AI training tasks, with a focus on training data quality. The company recently signed a deal to rent AI training infrastructure from Australian data center operator Iren. Beyond its initial focus on making developers more productive, Poolside plans to train AI models that will allow business users to create software and apply its language models' reasoning capabilities to other areas.
Key takeaways:
- Paris-based startup Poolside, which is developing a large language model for developers, is reportedly in talks to raise over $400 million in a funding round co-led by Bain Capital Ventures and DST.
- The company, led by former GitHub CTO Jason Warner, is expected to be valued at $2 billion after the raise.
- Poolside's AI model will be trained using a method called reinforcement learning from code execution feedback, which will allow it to improve by completing tasks in real-world software projects.
- Poolside has plans to eventually train AI models that will enable business users to create software, and apply its language models' reasoning capabilities to other areas.