CoreWeave jumps on partnership with AI model developer Poolside

Neocloud company CoreWeave is surging after it announced a partnership with Poolside to provide more than 40,000 Nvidia GPUs to bolster the development of Poolside’s AI models while also serving as the anchor tenant and operational partner for its data center in Texas dubbed “Project Horizon,” where CoreWeave will deliver cloud services.

There were no financial terms provided in the press release. CoreWeave gets a customer and access to a lot of data center capacity; Poolside gets a lot of computing power and someone to run this data center.

“To compete at the frontier you need to be vertically integrated from dirt to intelligence,” said Eiso Kant, cofounder and co-CEO of Paris-based Poolside. “This partnership with CoreWeave ensures immediate access to next-generation silicon, enabling us to train multi-trillion parameter models with large scale reinforcement learning.”

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