From $7.5B to $18B in 4 Months: The AI Infrastructure Gold Rush Nobody Saw Coming

Fluidstack, an AI data center builder, saw its valuation jump from $7.5B to $18B in four months due to massive investment, including a co-led $1B round from Jane Street and Situational Awareness. This surge is fueled by a $50B custom data center deal with Anthropic, highlighting the critical bottleneck in AI infrastructure over model development.