Server rack with supercomputer hardware and storage blades in big data center inside closeup. Datacentre interface and switch for digital communication and internet
Server rack with supercomputer hardware and storage blades in big data center inside closeup. Datacentre interface and switch for digital communication and internet

Technology and services

Accelerating investment in compute infrastructure for a leading AI cloud platform

Macquarie’s Specialised and Asset Finance business is dedicated to enabling rapid, scalable AI infrastructure deployment for leading innovators in the UK

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SectorTechnology
Sub-sectorArtificial Intelligence (AI)
LocationUnited Kingdom

Opportunity

Fluidstack is a leading AI cloud platform, purpose-built to meet the infrastructure demands of today’s most ambitious AI research labs.

Since inception in 2017, Fluidstack has provided clients with rapid, high-performance, scalable compute within days. Trusted by top labs like Meta, Poolside, and Black Forest Labs, both their customer base and infrastructure requirements have scaled in response to unprecedented demand.  

To expand infrastructure in lockstep with industry needs, Fluidstack worked with Macquarie to secure financing for additional NVIDIA GPUs (graphic processing units), a central component powering the infrastructure it builds and manages.

 


Approach

Drawing on over 25 years of technology finance expertise and a proven track record in the sector, Macquarie structured and closed a senior debt facility for Fluidstack, secured by the GPUs themselves, in a matter of weeks.

Macquarie’s experience in GPU and technology asset financing more broadly enabled efficient problem-solving for all parties, including identifying vendor requirements, optimising operational processes, and streamlining the supply chain.

Outcome

The newly financed GPUs will be deployed in an Icelandic data centre powered entirely by renewable geothermal and hydro energy, ensuring Fluidstack's investment is both high-performance and sustainable. These GPUs will be used by a leading AI research lab to build and train large language models, advancing AI innovation by creating the infrastructure and capacity necessary to meet surging demand.

Macquarie’s collaborative approach and proven track record of funding AI and data centre infrastructure deployment ensures AI companies like Fluidstack can deploy the robust, scalable infrastructure required to drive their customer’s groundbreaking work.

Both Fluidstack and Macquarie plan to expand this partnership, aiming to set a new standard for how AI infrastructure can be funded and rapidly deployed, tailored to the unique requirements of AI companies.

25+ years

experience delivering technology finance solutions

100 per cent

renewable geothermal and hydro energy powered data centre where the financed GPUs will be located

Together with Fluidstack, we’re setting a new standard for how AI infrastructure can be funded and deployed.”

Lou Tricarico
Managing Director
Commodities and Global Markets