Crusoe raises $1.375bn in latest funding round
Series E led by Valor Equity Partners and Mubadala Capital, with participation from more than 20 firms
Series E led by Valor Equity Partners and Mubadala Capital, with participation from more than 20 firms
Company expands capacity for cloud business, adding GPUs
Founded in 2024, Atero specializes in boosting GPU utilization for AI applications and will become Crusoe's gateway to Middle East talent and customers
Funds to fuel data centers and cloud
Company’s first cloud deployment in mainland Europe
Will spend the cash on lots of GPUs
Series D funding valued Crusoe at $2.8bn, company also makes cloud offering generally available
AI data center company has secured $686m
As it builds out a data center for Oracle, Microsoft, and OpenAI
Money to go towards developing campus in Texas, reportedly leased to Oracle
Also collaborates with SES AI Corporation on material discovery
Will deploy GPUs in Crusoe facility; Microsoft to use hardware for OpenAI