AI data center startup Fluidstack in talks for $1B round at $18B valuation months after hitting $7.5B, says report
AI-summarised brief · reviewed before publication
Fluidstack, a startup building specialized AI data centers, is in talks to raise $1 billion at an $18 billion valuation. This would more than double its valuation from $7.5 billion in December. The company's infrastructure is built specifically for AI, and it recently signed a $50 billion deal with Anthropic to build custom data centers. Fluidstack's growth is driven by increasing demand for AI capacity, with potential investors including Jane Street and Google.