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FluidStack is negotiating to raise about $1 billion at a valuation of $18 billion
According to informed sources, the AI cloud platform FluidStack plans to raise about $1 billion at a valuation of $18 billion, with Leopold Aschenbrenner's institution Situational Awareness in talks to participate and co-lead the investment. This round of financing is expected to be used to accelerate FluidStack's expansion in the fields of AI computing and cloud infrastructure.
It is reported that FluidStack has previously signed cooperation agreements with several btc-42">Bitcoin mining companies, including TeraWulf, Cipher Mining, and Hut 8.
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