Crusoe in Talks to Raise About $3 Billion at Roughly $30 Billion Valuation

Crusoe is in talks to raise about $3 billion in a funding round that could value the AI infrastructure company at around $30 billion, roughly triple its October valuation, The report said Crusoe, which builds AI data centers and has contracts with customers including Meta Platforms, Oracle, Microsoft and Google, disclosed last month that it had contracts for nearly 5 gigawatts of computing capacity and a pipeline exceeding 40 gigawatts. Crusoe was founded in 2018 as a crypto-mining company powered by excess natural gas before pivoting to AI infrastructure. Crusoe did not immediately respond to ' request for comment.