AI & ML

Fluidstack eyes $18B valuation in new $1B funding round

Fluidstack, the AI data center startup spun out of Oxford University, is reportedly in talks to raise one billion dollars at a valuation of eighteen billion dollars, according to Bloomberg. The round is said to be potentially co-led by Jane Street and Situational Awareness, the AGI-focused investment fund started by former OpenAI researcher Leopold Aschenbrenner, with Morgan Stanley advising on the transaction. If the deal closes at those terms, it would represent a remarkable acceleration for a company that was valued at just 7.5 billion dollars only a few months ago.