Spark Capital

Fluidstack, Valued at $18 Billion, Partners with Google to Expand AI Data Center Capacity

Fluidstack, a startup recently valued at $18 billion, is playing a crucial role in Google's strategy to expand its AI chip business and compete with Nvidia. The company is building and operating data centers for Anthropic's large-scale TPU deployment, securing gigawatts of power resources from Bitcoin miners across multiple US locations, including Glendale, Arizona, and sites in Texas. Fluidstack is rapidly expanding its computing power capacity with significant new financing.