Crusoe hits $30B valuation with $3B raise for AI infrastructure
crusoe raises $3b at $30b valuation to expand ai infrastructure for clients like openai. this signals growth in ai data center demand.
crusoe, a data center developer that counts meta, microsoft, and openai as its customers, has raised $3 billion at a $30 billion valuation. the funding round was co-led by atreides management and valor equity partners. crusoe recently signed a $13 billion, five-year cloud contract to supply jane street with gpus and ai infrastructure. the company has pivoted from a crypto mining operation to a major ai infrastructure and cloud provider. this significant raise comes 10 months after crusoe's $1.38 billion round at a $10 billion valuation.