Pentagon in talks to lend $5 billion to AI cloud startup Fluidstack, WSJ reports
- The Pentagon is discussing a loan of about $5 billion to AI cloud startup Fluidstack to strengthen the U.S. data center supply chain.
- The loan would be provided by the Pentagon's Office of Strategic Capital and used to boost supply chain and manufacturing capacity for data center components, not to build a new AI facility.
- The Office of Strategic Capital has previously funded rare earth companies and drone companies, including Vulcan Elements and Unusual Machines.
12 Articles
12 Articles
The Pentagon plans to issue a record loan of $5 billion to AI startup Fluidstack
The Pentagon plans to issue a record loan of $5 billion to AI startup Fluidstack. This is reported by the WSJ, citing sources.The company will have to use the money received to strengthen the supply chain and production capacity of the United States...
(Seoul = Yonhap News) Reporter Im Hwa-seop = The U.S. Department of Defense is offering $5 billion (6.7 trillion) to the artificial intelligence (AI) infrastructure startup 'Fluidstack' ...
The EU Ministry of Defense (Pentaqon) is discussing the granting of a loan of approximately 5 billion dollars to the "Fluidstack" startup, which operates in the field of artificial intelligence. Banker.az reports that, at this time, “The Wall Street Journal” published information based on sources. According to information, the loan may be directed to strengthening ABŞ's equipment chains and production of components for information centers. Vəsai…
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