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Deep Tide TechFlow News, April 14 — According to Bloomberg, citing sources familiar with the matter, cloud computing startup Fluidstack is in talks with investors to raise approximately $1 billion, with a target valuation of $18 billion. The sources revealed that this funding round aims to accelerate its business expansion and further solidify its market position in distributed cloud computing and Web3 infrastructure.
Fluidstack focuses on decentralized cloud computing services, dedicated to providing efficient, low-cost computing power support for blockchain projects and the cryptocurrency ecosystem. If this financing round is successfully completed, it will help enhance its technological R&D capabilities and expand its global business footprint.