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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 · 13d agoAI industry

Nvidia wants to pour up to $10 billion into Anthropic's record-breaking IPO

Nvidia is reportedly in talks to invest up to $10 billion in Anthropic's IPO, which targets a $2 trillion valuation, making it history's largest.

Reuters reports Nvidia is negotiating to become an anchor investor with up to $10 billion in Anthropic's planned IPO, locking in shares before they hit the open market. Anthropic aims to raise up to $100 billion at a roughly $2 trillion valuation, with the IPO expected to complete before the US midterms in November. Anthropic's revenue reportedly grew from about $9 billion at the end of 2025 to over $65 billion by July 2026. The company already runs on Nvidia GPUs and committed in 2025 to purchasing $30 billion in Azure compute packed with Nvidia chips.

The Decoder · 4d agoAI industry1

Mistral AI raises 3 billion euros in Europe's largest-ever tech funding round despite lagging behind rivals

Mistral AI closed a €3 billion Series D led by Samsung Electronics, valuing the lab at over €21 billion.

Mistral AI raised €3 billion in what it calls the largest equity round ever by a European tech company, lifting its valuation past €21 billion after ASML valued it near €12 billion in September 2025. Samsung Electronics leads the round with EQT's Scaleup Europe Fund and PSG Equity as co-leads; new investors include Advent, BlackRock-managed funds, and Luxembourg. The company also took an $830 million loan in March to fund its own data centers and serves 125+ enterprise customers including Airbus, ASML, and HSBC. Mistral Medium 3.5 trails open rivals like Qwen and Kimi and doesn't compete with top closed US models.

The Decoder · 9d agoAI industry1

Anthropic reportedly signs $517 billion in compute deals after Dario Amodei warned rivals about reckless risk

Anthropic signed compute contracts worth up to $517 billion in eleven months, adding 14.8 gigawatts amid the AI capacity race.

According to The Information, Anthropic locked in contracts worth up to $517 billion over eleven months, adding at least 14.8 gigawatts of compute since October 2025 on top of 1–2 gigawatts it already had, and is planning its own data centers. Bloomberg reports Anthropic's annualized revenue topped $65 billion, while OpenAI was above $40 billion as of July and targets 30 gigawatts by 2030. The spending follows Dario Amodei's early-2026 warning that rivals underestimated investment risk, while Sam Altman now cautions about 'unsustainable silliness' from neo-cloud providers.

The Decoder · 9d agoAI industry1

Anthropic's Enterprise Frontier Safeguards lets your Claude logs stay in your cloud

Anthropic launches Enterprise Frontier Safeguards, letting regulated customers keep Claude usage logs in their own cloud storage under their own keys with automated misuse detection.

Anthropic unveiled Enterprise Frontier Safeguards, co-designed with eight members of the Analysis and Resilience Center for Systemic Risk and more than 100 customers including Wells Fargo, Goldman Sachs, Visa, Mastercard, Comcast, KPMG, and Salesforce. Misuse-detection activity data can live in the customer's Amazon S3, Azure Blob Storage, or Google Cloud Storage under customer-managed keys, with fully automated review and no human inspection by Anthropic; automated systems watch for offensive cyber or biological capability development and signs of stolen credentials. The offering replaces the friction around Fable 5's 30-day retention policy, costs nothing extra, spans Claude Enterprise, Claude Platform, Amazon Bedrock, Google's Agent Platform, and Microsoft Foundry, with broad availability targeted for later this fall.

Help Net Security · 15d agoAI industry1

OpenAI just wants to win

OpenAI says roughly 10,000 agents and tens of millions in compute solved the Navier-Stokes Millennium Prize problem in 88 hours, amid controversy.

OpenAI claims an advanced unreleased model, run with about 10,000 agents and tens of millions of dollars of compute for 88 hours, produced a solution to the Navier-Stokes problem, one of seven $1 million Millennium Prize problems set by the Clay Mathematics Institute in 2000. NYU professor Tristan Buckmaster, who was pursuing the problem with Anthropic researcher Levent Alpöge, accused OpenAI of racing his team and of possibly benefiting from his Codex prompts; OpenAI categorically denied both. OpenAI researcher Sébastien Bubeck acknowledged offering Buckmaster compute and authorship arrangements, which Buckmaster characterized as a bribe, while many mathematicians expressed unease at OpenAI's competitive conduct.

The Verge · AI · 5d agoAI industry 2 sources2