Just over a year old, AI unicorn valuation rises to $21.2bn in Eurozone

Another highly sought-after AI unicorn has emerged to kick off the "AI race" in Europe.Poolside, founded in early 2023 and headquartered in Paris, France, has seen its valuation grow rapidly in the short term.Poolside belongs to the AI programming space, a market that is in hot demand right now. The latest news is that it is currently negotiating a new round of financing of $500 million, with a valuation of nearly $3 billion, and Bain Capital is negotiating to lead this round of investment. (InvestmentNews.com)