ZeroHour
Organization

Jane Street

0 mentions in 7 days · 1 in 30 days · 2 total · first seen · last

Timeline

Crusoe reportedly raises $3B at a $30B valuation

AI data center developer Crusoe raised $3 billion at a $30 billion valuation, plus a $13 billion five-year GPU contract with Jane Street.

Crusoe, which builds hyperscale data centers for customers including Meta, Microsoft, OpenAI, and Oracle, raised a $3 billion round at a $30 billion valuation, Bloomberg reported. The round was co-led by Atreides Management and Valor Equity Partners with participation from Mubadala Capital. It comes 10 months after a $1.38 billion raise at a $10 billion valuation and follows a $13 billion, five-year cloud contract supplying GPUs and AI infrastructure to trading firm Jane Street. The company has met with Goldman Sachs and Morgan Stanley about a potential near-term IPO.

TechCrunch · AI · 11d agoAI industry

OpenAI’s GPT-5.6 Sol runs up to 14× faster with Ultrafast mode

OpenAI launched GPT-5.6 Sol Ultrafast mode in limited preview, running up to 14x faster at 750 tokens per second via Cerebras inference.

OpenAI's GPT-5.6 Sol Ultrafast mode is available in limited preview through the OpenAI API, delivering up to 14x faster processing and up to 750 output tokens per second, powered by Cerebras under the companies' ultra-low-latency inference partnership. Preview customers are testing it in production for coding, commerce, financial research, and support applications. OpenAI is also using Ultrafast internally for incident response tasks such as log analysis and trace review, and for research workflows with multiple same-day experiment iterations.

Help Net Security · Aug 14, 2026AI industry