According to ChainCatcher, 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 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 understood that FluidStack has previously signed cooperation agreements with several Bitcoin mining companies, including TeraWulf, Cipher Mining, and Hut 8.
