[AINews] Poolside gets $12B reverse-execuhire to NVIDIA; founders stay for $1B, employees go for $6B, Infraco scaling to 7GW neocloud
Latent Space
Poolside licensed its model factory and moved into a Nvidia deal while hiring 109 employees after Jensen took an investor role. The deal is described as $12B in reverse execuhire money. Founders are set to stay for $1B and employees are set to leave for $6B, changing the company from a normal exec-out payout into a pivot-supported continuation for the original mission.
Why it matters
Yes, we’re confused too.