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GOP issues stark warning to AI companies
Axios reports the US Republican Party issued a stark warning to AI companies, apparently tied to a data-center memo ahead of elections.
An Axios article titled "GOP issues stark warning to AI companies" was published on August 19, 2026; its URL suggests coverage of a Republican memo on data centers and AI in elections. The provided source text contains only the headline and engagement metrics, so no substantive details about the warning's content are available.
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.