AIForbes1h ago
neocloud Fluidstack closed a $1.5B round led by Jane Street at an $18B+
Sources: neocloud Fluidstack closed a $1.5B round led by Jane Street at an $18B+ valuation; in July, the company announced a $750M round at a $7.5B valuation
TL;DRFluidstack raised $1.5B at $18B valuation, doubling its worth in months as Google's AI chip partner.
Why it matters: Google testing custom chips through startups signals major shift in AI infrastructure away from Nvidia dominance.
A little-known company called Fluidstack has become a test bed for Google's plans to sell its own AI chip.
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