Crusoe raises $3B at $30B to keep building gigawatt-scale AI data centers

Crusoe's Series F, co-led by Atreides Management and Valor Equity Partners with Mubadala Capital participating, values the AI data-center developer at $30B. The money goes to energy-first campuses, including the Abilene, Texas site serving OpenAI's Stargate. It is the clearest signal yet that investors are willing to fund neoclouds at hyperscaler-like multiples.

Companies mentioned

OpenAI

ChatGPT

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