Friday, 24 October, 2025
Crusoe Raises $1.38 Billion for AI Data Centers
Crusoe, an AI data center startup, has announced an oversubscribed Series E funding round of $1.38 billion, valuing the company at approximately $10 billion. The Denver-based firm, known for helping build OpenAI's first major data center, attracted major investors including Nvidia, Valor Equity Partners, and Mubadala Capital. Crusoe recently launched the first phase of its massive 1.2 gigawatt data center campus in Abilene, Texas.
Read full story at Economic Times