Crusoe Seeks $3B in Funding at $30B Valuation for AI Data Center Expansion

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According to Bloomberg, US-based AI data center operator Crusoe is in talks to raise approximately $3 billion in a funding round that could value the company at around $30 billion. This represents significant growth from October 2025, when Crusoe closed an initial Series E funding round of $1.375 billion that valued the company at over $10 billion. Founded in 2018, Crusoe initially powered Bitcoin mining operations with captured stranded natural gas before pivoting to GPU cloud services and AI infrastructure development.
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