Cloud computing startup Fluidstack is in talks to raise $700 million, potentially valuing the company at $7 billion.

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According to TechFlow TechFlow, on December 5th, Bloomberg, citing sources familiar with the matter, reported that cloud computing startup Fluidstack is in talks to raise approximately $700 million in a new funding round, which would bring the company's valuation to $7 billion. Situational Awareness, the investment firm founded by former OpenAI researcher Leopold Aschenbrenner, is expected to lead this round of funding.

Sources indicate that Alphabet Inc., Google's parent company, is also considering participating in the investment, while Goldman Sachs is serving as the banking advisor for the financing round. Because the information is not yet publicly available, the sources requested anonymity.

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