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.
- Crusoe raised $3 billion at a $30 billion valuation co-led by Atreides Management and Valor Equity Partners.
- Signed a $13 billion five-year contract supplying GPUs and AI infrastructure to Jane Street.
- Considering a near-term IPO after meetings with Goldman Sachs and Morgan Stanley.
- Started in 2018 as crypto mining on flared natural gas, now building data centers for OpenAI and Oracle.
From the original article
1 min read at techcrunch.com
The round came together after the data center developer reportedly secured a $13 billion contract with Jane Street.
By Marina Temkin · techcrunch.com
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