SAN FRANCISCO and DENVER – October 24 – Crusoe, the AI factory company, today announced the initial closing of its anticipated $1.375 billion Series E round, bringing the company’s expected valuation to over $10 billion. The oversubscribed round was co-led by technology investors Valor Equity Partners and Mubadala Capital, with participation from 137 Ventures, 1789 […]
Crusoe Acquires Atero to Accelerate AI Infrastructure
August 21, 2025 by
San Francisco and Tel Aviv – August 21 – AI infrastructure provider Crusoe today announced it has acquired Atero, a company specializing in GPU management and memory optimization for AI workloads. This is intended to accelerate the development of Crusoe Cloud’s managed AI services and strengthen its ability to deliver the world’s most reliable, efficient […]
Report: $15B OpenAI Data Center in Texas Will House up to 400,000 Blackwells
May 21, 2025 by
Amid reports of hundreds of billions in AI data center investments in the Middle East, development of AI factories in the U.S. continues apace. The Wall Street Journal reported today that OpenAI has secured ….
Report: $15B OpenAI Data Center in Texas Will House up to 400,000 Blackwells
May 21, 2025 by
Amid reports of hundreds of billions in AI data center investments in the Middle East, development of AI factories in the U.S. continues apace. The Wall Street Journal reported today that OpenAI has secured more ….
Upper90 Closes $225M Credit Facility to Crusoe to Expand AI Cloud Infrastructure
March 27, 2025 by
NEW YORK, March 27, 2025 — Upper90 Capital Management, LP, an asset-backed private credit firm, announced today the closing of an approximately $225 million credit facility for Crusoe, a vertically integrated AI infrastructure provider. The investment will be used to support the expansion of Crusoe Cloud, the company’s scalable cloud platform purpose-built for enterprise AI […]
Crusoe Closes $600M in Series D Round at $2.8 Billion Valuation to Power AI
December 18, 2024 by
Crusoe, the vertically integrated AI infrastructure provider, announced it has closed a $600 million Series D funding round. The investment was led by Founders Fund, with participation from new and existing investors, including Fidelity, Long Journey Ventures, Mubadala, NVIDIA, Ribbit Capital, and Valor Equity Partners. Through its innovative approach, Crusoe has established itself as a […]
Crusoe to Build 200MW AI Data Center, Then Expand at 1.2 GW Lancium Clean Campus
July 18, 2024 by
SAN FRANCISCO and Abilene, TX — July 18, 2024 — Crusoe Energy Systems LLC announced it is building a 200 MW data center at the Lancium Clean Campus outside Abilene, Texas. Crusoe, a vertically-integrated AI infrastructure company, and Lancium, an energy technology and infrastructure company focused on the decarbonization and stability of the electric power grid, will […]
