Sources: the Pentagon is in talks to lend roughly $5B to neocloud Fluidstack; Fluidstack is being advised on its loan application by Palmer Luckey's Erebor Bank (Wall Street Journal)
Fluidstack, an AI infrastructure company, is being advised on the loan by the bank started by Palmer Luckey, an early supporter of Donald Trump
We haven't written up this one. Techmeme has the full story — the link below goes straight to it.