Crusoe lands $3B investment, valued at $30B
Crusoe, a startup that builds data centers for AI firms like Meta and OpenAI, just raised $3 billion from investors at a $30 billion valuation, according to reports. The huge round follows a $13 billion, five-year deal to provide cloud and GPU power to trading giant Jane Street. Crusoe previously raised $1.38 billion less than a year ago at a third of this valuation.
- Deal co-led by Atreides Management and Valor Equity
- Mubadala Capital joined the new funding round
- Jane Street contract is Crusoe’s highest-profile customer so far
- Company is rumored to be considering an IPO, Axios reported
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