News Summary

Fluidstack, a startup specializing in AI-focused data centers, is reportedly in discussions to raise $1 billion at an $18 billion valuation. This move comes shortly after the company aimed to raise $700 million at a $7.5 billion valuation. The potential funding round may be led by Jane Street, with Google considering a $100 million investment. Fluidstack recently secured a significant $50 billion partnership with Anthropic to build custom-designed data centers in Texas and New York, leading to the relocation of its headquarters from the U.K. to New York. The company, which serves clients such as Meta, Poolside, and Black Forest Labs, is gaining traction in the U.S. market.