ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

CoreWeave Announces Partnership with Foundation Model Company Poolside to Deliver AI Cloud Services

CoreWeave, Inc. (Nasdaq: CRWV), The Essential Cloud for AI, today announced a new partnership with Poolside, a foundation model company, to deliver advanced AI cloud services that support Poolside’s mission to build artificial general intelligence and power the deployment of agents across the enterprise.

Under the agreement, CoreWeave will provide a state-of-the-art cluster of NVIDIA GB300 NVL72 systems, including more than 40,000 GPUs.

Separately, CoreWeave plans to provide Poolside with its market-leading cloud solutions for Project Horizon, Poolside’s 2GW AI campus in West Texas. As part of the initiative, CoreWeave plans to serve as the anchor tenant and operational partner for the first phase of the project, which comprises 250MW of gross power and includes an option to further expand capacity by an additional 500MW.

“Poolside’s approach to foundation models represents exactly the kind of breakthrough work the CoreWeave platform was designed to accelerate,” said Michael Intrator, Co-Founder, Chairman and Chief Executive Officer of CoreWeave. “Together, we’re building the performance layer that will define how AI research becomes real-world capability.”

“To compete at the frontier you need to be vertically integrated from dirt to intelligence,” said Eiso Kant, co-founder and co-CEO of 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. With this secured, we can now demonstrate our compounding research, engineering, and data advantages.”

Today’s announcement is part of CoreWeave’s commitment to redefining how AI pioneers develop, test, and deploy AI at scale. The company continues to expand its capabilities through organic innovation and with strategic acquisitions including: Monolith AI, which applies machine learning to complex physics and engineering challenges; OpenPipe, advancing reinforcement learning; and Weights & Biases, powering model iteration, experiment tracking, and inference. CoreWeave fosters a diverse and open AI ecosystem, with its technology team consistently setting new standards for performance, including the company’s industry-leading MLPerf benchmark for AI workloads.

About CoreWeave

CoreWeave is The Essential Cloud for AI™. Built for pioneers by pioneers, CoreWeave delivers a platform of technology, tools, and teams that enables innovators to move at the pace of innovation, building and scaling AI with confidence. Trusted by leading AI labs, startups, and global enterprises, CoreWeave serves as a force multiplier by combining superior infrastructure performance with deep technical expertise to accelerate breakthroughs. Established in 2017, CoreWeave completed its public listing on Nasdaq (CRWV) in March 2025. Learn more at www.coreweave.com.

About Poolside

Founded in 2023, Poolside is a foundation model company bringing intelligence to everywhere work gets done. Poolside’s mission is to pursue artificial general intelligence to drive abundance for humanity. Learn more at www.poolside.ai.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  225.00
-5.30 (-2.30%)
AAPL  271.37
+1.67 (0.62%)
AMD  259.78
-4.55 (-1.72%)
BAC  53.20
+0.62 (1.19%)
GOOG  285.24
+10.06 (3.66%)
META  676.52
-75.15 (-10.00%)
MSFT  526.17
-15.38 (-2.84%)
NVDA  203.30
-3.74 (-1.81%)
ORCL  261.45
-13.85 (-5.03%)
TSLA  444.79
-16.72 (-3.62%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.