Cloud computing startup Fluidstack is reportedly in discussions to secure $700 million in a new funding round, potentially elevating its valuation to $7 billion. The round is anticipated to be led by Situational Awareness, an investment firm established by former OpenAI researcher Leopold Aschenbrenner. Alphabet Inc., Google's parent company, is also contemplating participation in the funding. Goldman Sachs is acting as the financial advisor for the transaction. Details of the deal remain confidential, with sources opting for anonymity.