Sources: Fluidstack, an AI cloud provider that is aiding Google's effort to expand access to its TPUs, is in talks to raise $700M+ led by Situational Awareness (The Information)
PositiveArtificial Intelligence

- Fluidstack, an AI cloud provider assisting Google in expanding access to its Tensor Processing Units (TPUs), is reportedly in discussions to secure over $700 million in funding, led by Situational Awareness. This financing could significantly enhance Fluidstack's valuation and operational capabilities.
- The successful funding round would not only bolster Fluidstack's financial standing but also reinforce its role in supporting Google's strategic initiatives in AI, particularly in competing with major players like Nvidia in the AI chip market.
- This development reflects a broader trend in the tech industry where companies are increasingly investing in AI infrastructure to meet surging demand. Google's efforts to promote its TPUs to major clients like Meta and financial institutions highlight its ambition to capture a significant share of the AI computing market, intensifying competition with established firms such as Nvidia.
— via World Pulse Now AI Editorial System







