According to Mars Finance, sources familiar with the matter revealed that AI cloud platform FluidStack plans to raise approximately $1 billion at a valuation of $18 billion. Situational Awareness, an agency under Leopold Aschenbrenner, is in talks to participate and co-lead the round. This funding round is expected to accelerate FluidStack's expansion in the AI computing and cloud infrastructure fields. It is understood that FluidStack has previously signed cooperation agreements with several Bitcoin mining companies, including TeraWulf, Cipher Mining, and Hut 8.
FluidStack is in talks to raise approximately $1 billion at a valuation of $18 billion.
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