Sources: the Pentagon is in talks to lend roughly $5B to neocloud Fluidstack; Fluidstack is being advised on its loan application by Palmer Luckey's Erebor Bank (Wall Street Journal)
A Defense Department loan could put federal money behind Fluidstack’s AI cloud buildout.
Techmeme cites the Wall Street Journal reporting that the Pentagon is discussing roughly $5 billion in lending to neocloud company Fluidstack. The note says Fluidstack is being advised on its loan application by Erebor Bank, the bank associated with Palmer Luckey. The item does not state that the loan has been approved. Techmeme's note
Techmeme cites the Wall Street Journal reporting that the Pentagon is discussing roughly $5 billion in lending to neocloud company Fluidstack. The note says Fluidstack is being advised on its loan application by Erebor Bank, the bank associated with Palmer Luckey. The item does not state that the loan has been approved. Techmeme's note
score 8