Cloud computing startup Fluidstack is negotiating a $700 million financing, with a valuation potentially reaching $7 billion

Cloud computing startup Fluidstack is in talks to raise about $700 million in a new funding round, which would value the company at $7 billion.

The investment firm Situational Awareness, founded by former OpenAI researcher Leopold Aschenbrenner, is expected to lead this funding round. Sources say that Alphabet Inc., Google's parent company, is also considering participating in this investment, while Goldman Sachs is serving as the banking advisor for the financing.