Situational Awareness, a hedge fund founded by Leopold Aschenbrenner, is pitching clients on investing in AI infrastructure startup Fluidstack, according to sources. [8, 9]
The proposed funding round would value Fluidstack, a neocloud company, at approximately $40 billion. [7, 8] Fluidstack reportedly reached an $18 billion valuation in a funding round that closed in September. [7, 8] The proposed valuation is more than double that figure.
Fluidstack’s growth is supported by a $50 billion deal with Anthropic to build custom data centers in the U.S. [5, 8, 9] Google is providing significant financial backstops for the company’s projects. [5, 8, 9]