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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.
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Pentagon in talks to lend $5 billion to AI cloud startup Fluidstack to shore up US data center supply chain - Tech Startups
The Pentagon is in talks to lend about $5 billion to AI cloud startup Fluidstack, a striking sign that the infrastructure behind artificial intelligence is moving from a Silicon Valley spending race into the heart of U.S. industrial strategy. The […] The post Pentagon in talks to lend $5 billion to AI cloud startup Fluidstack to shore up US data center supply chain first appeared on Tech Startups.
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...
Coverage Details
Total News Sources19
Leaning Left0Leaning Right5Center9Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
C 64%
R 36%
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