F
Fluidstack
GPU cloudPrivateFluidstack is a GPU cloud based in New York, United States, founded in 2017. It is privately held.
Capacity, contracted—not disclosed in MW
Capacity, operating—not disclosed
Valuation$7.5Bpost-money, Jan 2026
Compute deals on record8$85.1B confirmed contract value
Key facts
| Classification | GPU cloudHow types are assigned |
| Status | Private |
| Headquarters | New York, United States |
| Founded | 2017 |
| Capacity and backlog | Fluidstack builds and operates data centers for Anthropic under the $50 billion US infrastructure program announced in November 2025 and runs Google TPU clusters. Its leased sites include TeraWulf's Lake Mariner campus in New York (378 MW, TeraWulf Q3 2026 results), Cipher's Barber Lake site in Texas and Hut 8's River Bend campus in Louisiana (245 MW, Hut 8 announcement of December 2025), with Google backstopping the lease payments. |
| Chips | Google TPU; NVIDIA |
| Named customers | Anthropic, Google |
| Latest financing | $830M, Series A, Jan 2026 |
| Investors named | Jane Street, Situational Awareness |
| Debt and financing | Fluidstack's own borrowings are not disclosed. Its landlords finance the sites with project debt backed by its leases, for example Hut 8's $3.25 billion of 6.192% senior secured notes due 2042 for River Bend (indenture dated 30 April 2026). |
| Website | fluidstack.io |
| Profiles and work | X @fluidstackLinkedInHow links are checked, checked 10 Nov 2026 |
Sources for this table: fluidstack.io, forbes.com, bloomberg.comchecked 9 Nov 2026
Compute deals and financings
| Date | Counterparty | Role | Type | Value | Capacity | Status | Source · checked |
|---|---|---|---|---|---|---|---|
| 25 Sep 2026 | Cipher Digital | Buyer | Colocation lease | $5.2B | — | Confirmed | sec.gov is expected to generate approximately $5.2 billion of incremental contracted revenue.checked 9 Nov 2026 |
| 10 Sep 2026 | U.S. DoD Office of Strategic Capital | Buyer | Debt financing | $5B | — | Reported | datacenterdynamics.comchecked 9 Nov 2026 |
| 17 Dec 2025 | Hut 8 | Buyer | Colocation lease | $7B | 245 MW | Confirmed | |
| 12 Nov 2025 | Anthropic | Provider | Colocation lease | $50B | — | Confirmed | anthropic.com we are announcing a $50 billion investment in American computing infrastructurechecked 9 Nov 2026 |
| 28 Oct 2025 | TeraWulf (Abernathy JV) | Buyer | Joint venture | $9.5B | 168 MW | Confirmed | sec.gov The 25-year hosting commitment represents approximately $9.5 billion in contracted revenue to the joint venture.checked 9 Nov 2026 |
| 25 Sep 2025 | Cipher Digital | Buyer | Colocation lease | $3B | 168 MW | Confirmed | sec.gov The agreement represents approximately $3 billion in contracted revenue over the initial 10-year termchecked 9 Nov 2026 |
| 18 Aug 2025 | TeraWulf | Buyer | Colocation lease | $6.7B | 160 MW | Confirmed | sec.gov Represents $6.7 Billion in Contracted Revenue, with Potential to Reach $16 Billion with Lease Extensionschecked 9 Nov 2026 |
| 14 Aug 2025 | TeraWulf | Buyer | Colocation lease | $3.7B | 200 MW | Confirmed | sec.gov The agreements represent approximately $3.7 billion in contracted revenue over the initial 10-year termschecked 9 Nov 2026 |
Investors by round
| Investor | Round | Date | Round size | Role | Status | Source |
|---|---|---|---|---|---|---|
| Situational Awareness | Series A | 2026-01 | $830M | lead | Confirmed | |
| Jane Street | growth round (unannounced) | 2026-09-03 | $1.5B | lead | Reported |
Latest posts on X
The most recent posts from @fluidstack, the X account of Fluidstack, quoted as posted. Replies and reposts are left out. How posts are selected.
Help put gigawatts of AI infrastructure on a production line. Fluidstack is building toward tens of gigawatts of compute. On our Modular team, you’ll design electrical systems built in a factory and connected on site. jobs.ashbyhq.com/fluidstack/eff09a79-f8f6… 1/4
View the post on X · With 1 image
1/6 Build software with tens of gigawatts on the other side of the API. Tens of billions of dollars of equipment and compute for the world’s leading AI labs. This is the scale our Facility Controls team is building toward at Fluidstack.
View the post on X · With 2 images · Quotes another post
Two roles in software and controls: Software Engineer, Facilities jobs.ashbyhq.com/fluidstack/f5444f2e-60a0… Controls Engineer, Energy Management jobs.ashbyhq.com/fluidstack/599ef48e-1319…
View the post on X · With 1 image
checked 10 Nov 2026
Is Fluidstack publicly traded?
No. Fluidstack is a private company with no publicly traded shares (checked 9 Nov 2026). Its latest disclosed valuation is $7.5B post-money (Jan 2026).
EveryNeo is an independent informational project. Nothing here is investment, legal or financial advice. Disclaimer
Other GPU clouds on the ledger
| Company | Status | Contracted | Operating | Valuation / market cap |
|---|---|---|---|---|
| IIREN | NASDAQ:IREN | 300 MW | — | $9.09B |
| DDigitalOcean | NYSE:DOCN | 180 MW | — | $9.24B |
| FFirmus | Private | — | — | $10.5B |
| VVultr | Private | — | — | $3.5B |
| PPaleBlueDot AI | Private | — | — | $3.2B |
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