Poolside-Coreweave deal to develop one of the largest AI data centers in the U.S.

Core Insights - The article discusses the construction of a large data center complex by Poolside in West Texas, which is supported by Nvidia and Coreweave, highlighting the strategic importance of energy resources in the region [1][2][4] - Poolside is focused on artificial intelligence and aims to achieve Artificial General Intelligence (AGI), with backing from venture capitalists and financial institutions [3][4] - There is a growing demand for energy to support data centers, with a focus on using natural gas combined with renewable energy sources to meet this demand [9] Industry Trends - The current landscape shows a significant increase in investment and interest in sectors related to energy, computing, and artificial intelligence, indicating a potential bubble behavior in the market [5][6] - The article emphasizes the importance of building essential infrastructure responsibly, rather than speculatively, to support the growing needs of AI and data processing [6][8] - The bottleneck in the industry is not just land and power access, but also the incremental delivery of data centers and the intelligence required for businesses [9]