Fluidstack is an AI cloud, or neocloud, startup that operates compute capacity in AI data centers. Recent coverage has focused on funding and safety: the Pentagon is reportedly in talks to lend it $5 billion, and hedge fund Situational Awareness is raising money from its investors to invest in the startup. A June fire at the TeraWulf-owned Lake Mariner data center, which Fluidstack is to run, exposed missing fire-safety systems.
Situational Awareness pitches investors on FluidstackHedge fund Situational Awareness is raising money from its investors to invest in neocloud startup Fluidstack, just three months after highly leveraged AI bets nearly caused its collapse.
Pentagon in talks to lend $5B to AI cloud startup FluidstackReuters reports the Pentagon is in talks to lend $5 billion to AI cloud startup Fluidstack, according to WSJ sources.
$3.2B AI data center fire exposes safety gapsA fire broke out in June at the unfinished Lake Mariner AI data center in Somerset, New York, where firefighters found no working alarm, no suppression system, and three dead hydrants. The $3.2 billion campus is owned and operated by TeraWulf, to be run by Fluidstack; Google holds warrants for a future 14% stake and Anthropic is among intended compute customers.
The A.I. Daily