According to ChainCatcher, Fluidstack, a cloud computing startup focused on AI compute leasing via Neocloud, announced it has completed an $8.3 billion Series A funding round in January, valuing the company at $7.5 billion. The round was led by Situational Awareness, a fund founded by former OpenAI researcher Leopold Aschenbrenner, with participation from multiple investors. Fluidstack builds infrastructure for AI labs with the goal of becoming the fastest company in the world to deploy hundreds of gigawatts of computing power.
Fluidstack Completes $830M Series A Funding, Valued at $7.5B
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Summary
Fluidstack secured $830 million in project funding, achieving a $7.5 billion valuation. The Series A round was led by Situational Awareness, a fund managed by former OpenAI researcher Leopold Aschenbrenner. The company is building infrastructure for AI labs and aims to deploy hundreds of gigawatts of computing power globally. On-chain data reflects growing interest in AI-focused cloud solutions, as major investors back the project.
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