Fluidstack Stock
| Valuation | $18B1 |
| Valuation Date | Sep 3, 2026 |
| Implied Valuation | $18.11B |
| Last Price | $152.93 |
| 52-Week High | n/a |
| 52-Week Low | n/a |
| YTD Return | n/a |
| 1-Year Return | n/a |
| 3-Year Return | n/a |
| Total Funding | $2.6B1 |
| Latest Round Amount | $1.5B1 |
| Latest Round | Primary |
| Funding Rounds | n/a |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | $66.2M2 |
| Revenue Type | FY2024 |
| P/S Ratio | 271.9 |
About Fluidstack
Fluidstack is an AI cloud and data center company that provides high-performance GPU computing to frontier AI labs and enterprises. It began as a marketplace that pooled idle GPUs and has grown into a full-stack neocloud that designs, builds and operates custom data centers for other companies' chips. Its platform gives customers on-demand and reserved access to large GPU clusters, supported by its own Atlas OS provisioning software and Lighthouse monitoring tools, with zero egress fees and around-the-clock engineering support. Fluidstack makes money by renting GPU compute capacity and by signing multi-year private cloud and hosting contracts, increasingly financed through GPU-backed debt and long-term data center leases. Its customers include Anthropic, Meta, Mistral, Poolside and Black Forest Labs, and it is the first known operator of Google TPU capacity outside Google itself. Anthropic selected Fluidstack as the anchor partner for a $50 billion US compute buildout across Texas and New York. The company was founded in 2017 as a University of Oxford spinout by Gary Wu, Cesar Maklary and Jamie Cox, and relocated its headquarters from London to New York in December 2025.
Invest in Fluidstack
Fluidstack is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Clarity (formerly Hiive).
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News
Cipher extends Fluidstack Barber Lake data center lease to 20 years
Cipher Digital amended its Barber Lake, Texas lease with Fluidstack to 20 years in September 2026, lifting contracted campus revenue above $9 billion for 207 MW of critical IT load.
Cipher Digital inks $5.2B, 10-year extension with Fluidstack
Cipher Digital signed a $5.2 billion, 10-year extension on its 300 MW Barber Lake hosting deal with Fluidstack, lifting total contracted value to about $9 billion over 20 years.
Cipher Digital Expands Barber Lake Lease Term to 20 Years With Fluidstack
Cipher Digital amended its Barber Lake lease with Fluidstack and secured a follow-on ten-year commitment from a leading AI lab, lifting total contracted revenue at the Texas campus above $9 billion.
Fluidstack begins $4B first phase of Cameron County, Texas data center campus
Fluidstack said on September 21, 2026 that construction has started on the $4 billion first phase of its Cameron County campus, planned for up to 1.5 GW of AI data center capacity.
Cipher Digital, Fluidstack, and Anthropic Commit $10 Million to Repair and Expand Colorado City's Water System
City Leaders Chose the Projects After July Storm Damage Cut Residents' Water; Barber Lake Data Center Draws No Water from the City's System City Leaders Chose the Projects After July Storm Damage Cut ...
Fluidstack Breaks Ground on $4 Billion AI Data Center Campus in Cameron County Under Strict Protections
Fluidstack received a Cameron County worksite permit and broke ground on the first phase of a $4 billion AI data center campus near Harlingen, Texas, with no county tax abatements.
Fluidstack breaks ground on $4 billion data center campus in Cameron County
Fluidstack said it started construction on the first phase of a $4 billion AI data center campus on more than 1,100 acres near Rio Hondo, Texas, with Cameron County permitting site work in September 2...
Worksite Permit Issued for Fluidstack Data Center Project in Cameron County, Texas
Cameron County issued a worksite permit to Fluidstack for a closed-loop AI data center east of Harlingen, allowing site clearing and utility work ahead of building construction on the $4 billion campu...
Pentagon in talks to lend $5 billion to AI cloud startup Fluidstack, WSJ reports
Reuters reported the Pentagon is in talks to lend about $5 billion to Fluidstack through its Office of Strategic Capital to strengthen U.S. data-center supply chains for components rather than fund a ...
Fluidstack Begins $4 Billion AI Data Center Project in Cameron County
Fluidstack started construction on the first phase of a $4 billion AI data center campus in Cameron County, Texas, expected to create more than 2,500 construction jobs near Rio Hondo.
FluidStack Closes $1.5B: Revenue Soars From $1.8M to $660M Projected While Owning Zero Chips
Fluidstack closed a $1.5 billion round led by Jane Street Capital at an $18 billion valuation, more than doubling its $7.5 billion mark from earlier in the year and bringing total funding past $2.6 bi...
Fluidstack Hit An $18 Billion Valuation By Helping Build Google and Anthropic's Data Centers
Forbes reported that Fluidstack closed roughly $1.5 billion in new funding led by Jane Street at an $18 billion valuation on September 3, 2026, more than doubling its $7.5 billion mark from July.
Harlingen tables FluidStack data center drainage request after public pushback
Harlingen city commissioners tabled a stormwater drainage agreement for Fluidstack's planned data center near the Port of Harlingen after residents raised concerns.
Harlingen hits pause on $27M offer from company planning 1,000-acre data center
Fluidstack offered Harlingen $20 million plus $7 million in infrastructure improvements for drainage approvals tied to a planned 1,000-acre data center.
Fluidstack Raised $830M Series A at $7.5B Valuation
Fluidstack announced an $830 million Series A led by Situational Awareness at a $7.5 billion valuation to scale AI infrastructure deployments for frontier labs.
Fluidstack raised $830M Series A
Fluidstack announced an $830 million Series A at a $7.5 billion valuation, closed in January 2026 and led by Situational Awareness, to fund its buildout of large-scale compute for leading AI labs.
TeraWulf Announces Anthropic Lease at Justified Data Campus and Sale of Majority Interest in Abernathy Joint Venture to Fluidstack
Long-Term AI Infrastructure Lease Expected to Generate ~$19 Billion of Contracted Revenue Over Initial Term Abernathy Transaction Monetizes Approximately $450 Million Investment at a Premium and Provi...
Fluidstack exits French mega-campus projects to focus on U.S.
Bloomberg reported that Fluidstack pulled out of a €10 billion northern France AI data-center project and an Eclairion Paris site deal to prioritize larger U.S. contracts.
TeraWulf and Fluidstack Announce Successful Pricing of Project Financing for 168 MW HPC Compute Joint Venture
Milestone financing reinforces strategic partnership, expanding AI demand, and continued improvement in market economics Milestone financing reinforces strategic partnership, expanding AI demand, and ...
Hut 8 CEO on Anthropic, Fluidstack AI data center deal backed by Google
CNBC's "Power Lunch" team talks about energy infrastructure, Hut 8's recent deal with Fluidstack and Anthropic, data center demand and more with Hut 8 CEO Asher Genoot.
Hut 8, Fluidstack to Build AI Data Center for Anthropic in Louisiana
Hut 8 is partnering with Fluidstack to build a large artificial-intelligence data center in Louisiana for Anthropic, backed by a $7 billion lease, where Hut 8 will develop and deliver the power needed...
Hut 8 stock jumps on hyperscale AI data centre deal with Anthropic, Fluidstack
Shares of crypto miner Hut 8 jumped nearly 17% in premarket trading on Wednesday after the company announced a major artificial intelligence infrastructure partnership with Anthropic and cloud compute...
Hut 8 Announces AI Infrastructure Partnership with Anthropic and Fluidstack
MIAMI , Dec. 17, 2025 /PRNewswire/ -- Hut 8 Corp. (Nasdaq, TSX: HUT) ("Hut 8" or the "Company"), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fu...
Fluidstack Expands U.S. Investment by Relocating Global Headquarters to New York City
Fluidstack moved its global headquarters from London to Midtown Manhattan, underscoring its shift toward the US market and its data center buildout for partners such as Anthropic.
Cipher Mining Signs Additional 56 MW, 10-Year AI Hosting Agreement with Fluidstack
Transaction Secures ~$830 Million in Contracted Revenue Over Initial 10-Year Term Expected Delivery of Additional 39 MW of Critical IT Load at Barber Lake by January 2027 Total Contracted Revenue Acr...
Fluidstack selected by Anthropic to deliver custom data centers in New York and Texas
Fluidstack was chosen by Anthropic as the partner for a $50 billion American computing infrastructure program, building custom data centers in Texas and New York with more sites to come.
CIFR Slides from All-Time High After Securing $3B Fluidstack Deal
Cipher Mining (CIFR) reached a 10-year, $3 billion agreement with Fluidstack to enhance the company's data centers in Texas. Jeff Pierce adds that Cipher's connection to Alphabet (GOOGL) gives it more...
Cipher Mining Signs 168 MW, 10-Year AI Hosting Agreement with Fluidstack
Transaction Secures ~$3 Billion in Contracted Revenue over 10-Year Term Expected Delivery of 168 MW of Critical IT Load by September of 2026 Google Backstops $1.4 Billion of Fluidstack's Obligations a...
TeraWulf Announces Fluidstack Expansion with 160 MW CB-5 Lease at Lake Mariner
Total Contracted Capacity Increases to Over 360 MW of Critical IT Load Represents $6.7 Billion in Contracted Revenue, with Potential to Reach $16 Billion with Lease Extensions Google Increases Backsto...
TeraWulf Signs 200+ MW, 10-Year AI Hosting Agreements with Fluidstack
Further Establishes TeraWulf as a Leading Provider of Hyperscale AI Infrastructure, Backed by Tier 1 Counterparties Transaction Anchors ~$3.7 Billion in Contracted Revenues, with Potential to Reach $8...
Fluidstack Strengthens Leadership Team with Key Executive Hires to Drive Next Phase of Growth
LONDON & NEW YORK--(BUSINESS WIRE)--Fluidstack, the AI Cloud Platform built for the world's leading AI companies, today announced a series of key executive appointments as the company accelerates its ...