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Situational Awareness targets $40bn Fluidstack valuation months after near-collapse

Reported · Written up by our desk · Equity Funds

Situational Awareness is seeking fresh capital from investors to participate in a funding round for AI infrastructure startup Fluidstack that could value the company at $40bn, just months after leveraged technology bets pushed the fund close to collapse, according to a report by Bloomberg. The fund, founded by former OpenAI Superalignment researcher Leopold Aschenbrenner, is offering existing clients the opportunity to co-invest alongside it in Fluidstack, which specialises in providing computing infrastructure for artificial intelligence. The proposed valuation is approximately double the lev

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