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[AINews] Poolside gets $12B reverse-execuhire to NVIDIA; founders stay for $1B, employees go for $6B, Infraco scaling to 7GW neocloud

Latent Space ·
Nvidia is licensing Poolside’s model factory for $6 billion while investing $1 billion into what remains of the company.

Latent Space says 109 Poolside employees are part of the Nvidia deal, which appears to cover most of the technical team. The founders describe it as neither an acquisition nor an acquihire, and say they are not ready to share the updated vision. The note points to Poolside’s missed $2 billion raise for a 40,000 GB300 cluster and its argument that frontier training now depends on capital, data center space, and contracted compute. It also flags Poolside Infrastructure Company’s separate push around large-scale data centers as one of the remaining directions.

Source: Latent Space's note

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Categories: Money & Moves