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Thursday, 3 October 2024

Poolside, which is building AI-assisted software development tools, raised a $500M Series B led by Bain Capital Ventures, reportedly at a $3B valuation (Bloomberg)

Bloomberg:
Poolside, which is building AI-assisted software development tools, raised a $500M Series B led by Bain Capital Ventures, reportedly at a $3B valuation  —  - Company hasn't released its product or given a launch timeline  — Investment shows continued investor appetite for AI startups



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Sources: Microsoft considered spinning out or restructuring its Xbox unit as a wholly-owned subsidiary, or creating a joint venture with other partners (Aaron Holmes/The Information)

Aaron Holmes / The Information : Sources: Microsoft considered spinning out or restructuring its Xbox unit as a wholly-owned subsidiary, ...