PANews
PANews|Jul 21, 2026 05:25
[Cloud Computing Startup Fluidstack Completes $830 Million Series A Financing, Valuation Reaches $7.5 Billion] Cloud computing startup Fluidstack, focused on AI computing power leasing through Neocloud, announced that it completed an $830 million Series A financing round in January, with a valuation of $7.5 billion. The round was led by Situational Awareness, a fund under former OpenAI researcher Leopold Aschenbrenner, with participation from multiple investors. According to reports, Fluidstack builds infrastructure for AI labs, aiming to become the world's fastest company to deploy hundreds of gigawatts of computing power.
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