Situational Awareness Backs $40 Billion Funding Round for Fluidstack
The Situational Awareness fund is inviting its clients to participate in a new $40 billion funding round for neocloud startup Fluidstack Ltd.
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Just three months after nearly shutting down due to highly leveraged bets on artificial intelligence firms, the Situational Awareness fund is raising investment for neocloud startup Fluidstack Ltd.
According to a source close to the matter, Leopold Aschenbrenner's fund is attempting to persuade clients to invest alongside it in a funding round that would value Fluidstack at $40 billion. This figure represents approximately twice the valuation the startup reached just a few months ago.
Sources
- bloomberg.com · Link