Sources: AI startup Poolside held talks with Google and others to revive a Texas data center project after a CoreWeave deal and a $2B Nvidia-led round collapsed (Stephen Morris/Financial Times)
Why it matters: Poolside's data center project could add 2-gigawatts of AI computing capacity to Texas.
- AI startup Poolside is in talks with Google and other cloud providers to revive a 2-gigawatt data center project in Texas after a CoreWeave deal and a $2 billion Nvidia-led funding round fell through (Financial Times).
- Oracle has reportedly cut around 10,000 jobs in India, representing about 20% of its Indian workforce, as part of a restructuring affecting 30,000 staff globally (The Economic Times via TechMeme).
- Amazon is in discussions to acquire Globalstar to strengthen its low Earth orbit satellite business, a move complicated by Apple's 20% stake in Globalstar (Financial Times via TechMeme).
AI startup Poolside is reportedly in discussions with Google and other cloud providers to resurrect a massive 2-gigawatt data center project in Texas, following the collapse of a prior deal with CoreWeave and a $2 billion Nvidia-led funding round. This comes as Oracle has reportedly cut approximately 10,000 jobs in India as part of a broader global restructuring, and Amazon is in talks to acquire satellite company Globalstar, despite Apple's existing 20% stake.
