Reported about 22 hours ago
AI data center startup Crusoe has announced it is raising $1.38 billion at a valuation of around $10 billion in its Series E funding round, co-led by Valor Equity Partners and Mubadala Capital, with participation from major investors like Nvidia and Fidelity Management. Since its founding in 2018, Crusoe has raised approximately $3.9 billion and recently launched the first phase of its 1.2 gigawatt data center in Abilene, Texas.
Source: YAHOO