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Cloud startup Fluidstack is in talks to raise around $700 million in new funding

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2025-12-05 00:53:04
According to Bloomberg, citing people familiar with the matter, cloud computing startup Fluidstack is in talks to raise a new round of financing of about $700 million, which would value the company at $7 billion. Situational Awareness, an investment firm founded by former OpenAI researcher Leopold Aschenbrenner, is expected to lead the round of financing.
Google's parent company Alphabet Inc. is also considering participating in the investment, while Goldman Sachs Group is acting as a bank adviser for the financing, the sources said. The people asked not to be named because the relevant information has not been made public.
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