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Crusoe Secures $1.38 Billion in Series E Funding Round
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Heartspace News Desk
•Source: Reuters, Reuters
Photo by Troy Mortier on Unsplash
TL;DR
Crusoe, an AI data center company founded in 2018, recently raised $1.38 billion in Series E funding, valuing the company at $10 billion, with notable investors including Nvidia. Crusoe, which has now raised a total of $3.9 billion, is involved in OpenAI's first large-scale U.S. data center and recently launched the first phase of its 1.2 gigawatt campus in Texas.
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Key takeaways
- Crusoe, an AI-focused data center startup, has secured $1
- 38 billion in Series E funding, valuing the company at $10 billion, according to Reuters
- The funding round was co-led by Valor Equity Partners and Mubadala Capital, with participation from Nvidia, Fidelity Management, and Founders Fund
Crusoe, an AI-focused data center startup, has secured $1.38 billion in Series E funding, valuing the company at $10 billion, according to Reuters. The funding round was co-led by Valor Equity Partners and Mubadala Capital, with participation from Nvidia, Fidelity Management, and Founders Fund. Founded in 2018, Crusoe has now raised a total of $3.9 billion. The company's projects include involvement in OpenAI's first large-scale U.S. data center and the recent launch of the first phase of its 1.2 gigawatt data center campus in Abilene, Texas, completed within a year of construction commencement.
Related Topics
CrusoeAI data centerSeries E fundingValor Equity PartnersMubadala CapitalNvidiaOpenAI
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