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Situational Awareness seeks capital to back Fluidstack at $40 billion valuation, report says

Leopold Aschenbrenner's Situational Awareness is raising money from clients to invest in neocloud startup Fluidstack Ltd. at a $40 billion valuation, according to a Bloomberg report.

Portrait of Leopold Aschenbrenner wearing a grey sweater.
Image: @wallstengine

Situational Awareness, led by Leopold Aschenbrenner, is seeking to raise capital from investors to back AI cloud startup Fluidstack Ltd., according to a report from Bloomberg. The proposed financing round would value the neocloud provider at $40 billion.[1][2][3][5]

The firm is pitching its clients to invest directly alongside it in Fluidstack. If finalized, the $40 billion valuation would represent a sharp jump from September, when the neocloud company was valued at $18 billion.[3][4]

Key facts

  • Situational Awareness is seeking to raise money from its investors to back neocloud provider Fluidstack Ltd., according to Bloomberg.
  • The funding round under discussion would value Fluidstack at $40 billion.
  • Situational Awareness is inviting clients to invest alongside the firm in the startup.
  • Fluidstack was valued at $18 billion in September.
  • Situational Awareness is run by Leopold Aschenbrenner.

Sources · 5 sources

  1. *B

    *Walter Bloomberg@DeItaonePost on X ·

    SITUATIONAL AWARENESS SEEKS TO RAISE MONEY TO BET ON FLUIDSTACK FUNDING ROUND WOULD VALUE NEOCLOUD FLUIDSTACK AT $40 BILLION

    Open source
  2. PM

    Polymarket Money@PolymarketMoneyPost on X ·

    BREAKING: Leopold Aschenbrenner's Situational Awareness is reportedly seeking investors for a funding round that would value AI cloud startup Fluidstack at $40,000,000,000.00. https://t.co/4vgSkvnguw

    Open source
  3. TE

    TechmemeArticle ·

    Sources: Situational Awareness is pitching clients to invest in Fluidstack alongside it in a round that values the neocloud at $40B, up from $18B in September (Bloomberg) Bloomberg : Sources: Situational Awareness is pitching clients to invest in Fluidstack alongside it in a round that values the neocloud at $40B, up from $18B in September — Situational Awareness is raising money from its investors to plow into neocloud startup Fluidstack Ltd., just three months …

    Open source
  4. TE

    Techmeme@TechmemePost on X ·

    Sources: Situational Awareness is pitching clients to invest in Fluidstack alongside it in a round that values the neocloud at $40B, up from $18B in September (Bloomberg) (Visit Techmeme dot com for the link and full context!)

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  5. WS

    Wall St Engine@wallstenginePost on X ·

    SITUATIONAL AWARENESS SEEKS FUNDING TO BACK FLUIDSTACK AT $40 BILLION VALUATION: BBG https://t.co/1ohNkojWyk

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