Crusoe reportedly raises $3B at $30B valuation, tripling value since October
Data center developer Crusoe has secured a new $3 billion funding round valuing the company at $30 billion, according to Bloomberg. Atreides Management and Valor Equity Partners co-led the deal, with Mubadala Capital, part of Abu Dhabi's sovereign wealth fund, also participating.
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The valuation triples what Crusoe was worth just ten months ago, reflecting surging investor appetite for AI infrastructure providers serving giants like Meta, Microsoft, and OpenAI. With a recent $13 billion GPU supply deal for Jane Street and talks underway with bankers about a possible IPO, Crusoe's trajectory signals how quickly capital is flowing into companies building the physical backbone for AI computing.
- Crusoe's valuation tripled from $10 billion to $30 billion in about ten months
- New investors include Atreides Management, Valor Equity Partners, and Mubadala Capital
- Crusoe has pivoted from crypto mining to AI data center infrastructure and is reportedly exploring an IPO
NVIDIA GeForce RTX 4090 Founders Edition — Crusoe's business is renting out GPUs at hyperscale — and the RTX 4090 is the closest thing to that firepower you can put under your own desk. It's a beast for local AI model experimentation, rendering, and gaming alike, so you can run your own mini data center instead of paying by the hour.
See NVIDIA GeForce RTX 4090 Founders Edition on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: techcrunch.com — Marina Temkin, 2026-09-04
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