CoreWeave announced a strategic partnership with foundation model company Poolside to provide AI cloud services and construct a new data center on a large ranch in West Texas. The announcement came as The Wall Street Journal reported that Poolside is in the process of raising $2 billion, which would value the company at $14 billion. This partnership highlights CoreWeave's continued expansion in the booming AI infrastructure sector, where massive investments are being made by major tech firms. On the same day, analysis from The Motley Fool noted that while CoreWeave's revenue has grown significantly, the company remains unprofitable and its stock was trading 27% below its all-time high, raising questions about its long-term profitability and business model amidst high operational costs.