AI Fund Flows

Fluidstack: AI deals, investors and valuation

🇬🇧 United Kingdom · Valuation $18B · private
See on the map

As of Nov 9, 2026, Fluidstack has 7 AI deals of $1B+ in this database: it pays $33.5B and receives $51.5B (net +$18B). It ranks #20 of 198 companies by number of deals.

Pays / invests
$33.5B
Receives
$51.5B
Net
+$18B
Deals
7

Value over time

Listed companies: month-end market cap. Private: latest round valuation. Dots are deals.
Valuation history
  • January 2025$7.5B
  • April 2025$7.5B
  • July 2025$7.5B
  • October 2025$7.5B
  • January 2026$7.5B
  • April 2026$7.5B
  • July 2026$7.5B
  • October 2026$18B
  • November 2026$18B

Receives from

$51.5B
Anthropic$50B · 97%
Jane Street$1.5B · 3%

Pays to

$33.5B
TeraWulf$13.2B · 39%
🇫🇷 France$10.3B · 31%
Hut 8$7B · 21%
Cipher Mining$3B · 9%

Loops it is part of

No closed loop found for this company.

All Fluidstack deals

Sep 3, 2026Funds & debtclosed$1.5B
Jane Street → 🇬🇧 Fluidstack · $18 billion post-money valuation

Fluidstack, builder of Anthropic's Google-backed data centers, raises $1.5 billion led by Jane Street and rises to an $18 billion valuation.

Dec 17, 2025Cloud & servicesannounced$7B
🇬🇧 Fluidstack → Hut 8 · 15-year lease, 245 MW (up to $17.7 billion with renewals)

$7 billion lease for 245 MW in Louisiana; end customer Anthropic, payments backed by Google.

Nov 12, 2025Cloud & servicesannounced$50B
Anthropic → 🇬🇧 Fluidstack · US data center plan

Custom data centers in Texas and New York built by Fluidstack, online during 2026; more sites planned.

Oct 28, 2025Cloud & servicesannounced$9.5B
🇬🇧 Fluidstack → TeraWulf · 25 years, Abernathy JV 168 MW

168 MW joint venture at Abernathy (Texas) between TeraWulf (51%) and Fluidstack, with about $9.5 billion of contracted revenue over 25 years.

Sep 25, 2025Cloud & servicesannounced$3B
🇬🇧 Fluidstack → Cipher Mining · 10 years; ~$7 billion with extensions

Fluidstack signs 10 years of colocation for 168 MW at Cipher's Barber Lake site in Texas: about $3 billion in contracted revenue.

Aug 14, 2025Cloud & servicesannounced$3.7B
🇬🇧 Fluidstack → TeraWulf · 10 years; ~$8.7 billion with extensions

Fluidstack signs two ten-year AI hosting contracts at TeraWulf's Lake Mariner campus (New York), for about $3.7 billion in revenue.

Feb 10, 2025Investmentannounced$10.3B
🇬🇧 Fluidstack → 🇫🇷 France · €10B (~$10.3B) first phase, MOU with the French government

Fluidstack signed an MOU with the French government for a nuclear-powered 1 GW AI supercomputer: a €10B first phase hosting up to ~500,000 chips, from 2026.

Questions and answers

Who are Fluidstack's biggest investors and payers?

Anthropic ($50B), Jane Street ($1.5B).

How much has Fluidstack invested or spent on AI deals?

$33.5B across 5 deals, the largest with France.

How much is Fluidstack worth?

Valuation: $18B (Nov 9, 2026).

Is Fluidstack part of a circular deal?

No closed loop found for this company.

Related companies