Cloud computing startup Fluidstack has completed an $830 million Series A funding round, with a valuation of $7.5 billion

Fluidstack, a cloud computing startup focused on AI computing power leasing Neocloud, announced that it completed an $830 million Series A funding round in January, with a valuation of $7.5 billion. The round was led by the Situational Awareness fund of former OpenAI researcher Leopold Aschenbrenner, with participation from multiple investors.

According to reports, Fluidstack builds infrastructure for AI laboratories, aiming to become the company that can deploy hundreds of gigawatts of computing power the fastest in the world.