AI Data Center Startup Fluidstack Seeks $1 Billion Raise at $18 Billion Valuation, More Than Doubling Worth in Months

AI data center startup Fluidstack is seeking $1 billion in funding at an $18 billion valuation, more than doubling its worth in months, driven by a landmark $50 billion deal with Anthropic to build custom AI data centers across the U.S.

• Fluidstack, an AI-focused data center startup, is in talks to raise $1 billion at an $18 billion valuation, potentially led by Jane Street, more than doubling its $7.5 billion valuation from just months ago.
• The startup's rapid rise is fueled by a landmark $50 billion deal with Anthropic to build custom AI data centers in Texas and New York, with additional customers including Meta, Poolside, and Black Forest Labs.
• Originally spun out of Oxford and headquartered in the U.K., Fluidstack has relocated to New York and withdrawn from a €10 billion French AI project to focus on expanding its presence in the U.S. market.