Cookies & Privacy

We use essential cookies to make our site work. With your permission, we’ll also use analytics and marketing cookies to improve your experience. You can change your choice anytime.

See our Privacy Policy for details.

Manage preferences
Back to Industry News
General

Fluidstack Eyes $700 Million Funding Round at $7 Billion Valuation

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Bloomberg.com
TL;DR

Fluidstack is in talks to raise $700 million, possibly valuing the company at $7 billion, with Situational Awareness potentially leading the investment. Goldman Sachs is managing the deal, and Google might also participate in the funding round. Cloud-computing startup Fluidstack is reportedly in discussions to secure $700 million in funding, potentially valuing the company at $7 billion, according to Bloomberg.com. Situational Awareness, founded by former OpenAI researcher Leopold Aschenbrenner, is reportedly considering leading the investment round, highlighting the increasing synergy between artificial intelligence and cloud infrastruc.

Key takeaways

  • Cloud-computing startup Fluidstack is reportedly in discussions to secure $700 million in funding, potentially valuing the company at $7 billion, according to Bloomberg
  • Situational Awareness, founded by former OpenAI researcher Leopold Aschenbrenner, is reportedly considering leading the investment round, highlighting the increasing synergy between artificial intelligence and cloud infrastructure
  • Goldman Sachs Group Inc
Cloud-computing startup Fluidstack is reportedly in discussions to secure $700 million in funding, potentially valuing the company at $7 billion, according to Bloomberg.com. Situational Awareness, founded by former OpenAI researcher Leopold Aschenbrenner, is reportedly considering leading the investment round, highlighting the increasing synergy between artificial intelligence and cloud infrastructure. Goldman Sachs Group Inc. is acting as the banker for the deal. While discussions are ongoing, Google may also participate in the funding round, although the extent of their involvement remains unspecified.

Related Topics

Fluidstackcloud computingfunding roundSituational AwarenessLeopold AschenbrennerGoogleGoldman Sachs

Want coverage like this for your company?

Local & industry wins build trusted proof, SEO/geo signals and prime national editors.

Check fit (2 min)

Is this your company?

Set up real-time alerts and keep your Heartspace News coverage accurate. Verified teams can update profiles, request corrections, and collaborate on future stories.

Want to turn mentions into momentum? Find your best path with the Fit Checker. Verified profiles receive a free consult.

Set up alerts Takes under 1 minute • Free to claim

Share Your Thoughts

(0 comments)

Be the first to share your thoughts on this article!

Stay Updated

Create alertsRead original