The cloud startup said the round was led by Situational Awareness and will support faster hyperscale compute deployment for leading AI labs and hundreds of gigawatts of capacity.
Fluidstack completed an $830 million Series A financing in January at a $7.5 billion valuation, marking a major capital raise for a cloud startup serving leading AI labs. The round was led by Situational Awareness, with multiple well-known investment firms also participating. The company said the funding supports its push to accelerate hyperscale compute deployment, or large-scale data center capacity for AI workloads, aimed at backing hundreds of gigawatts of capacity.