GoKawiilCrusoe secures $3.9B Series F, valuation hits $30.9B for AI data centers
Crusoe, the data center developer behind OpenAI's Abilene, Texas site, closed a $3.9 billion Series F funding round led by Atreides Management, Mubadala Capital, and Valor Equity Partners, valuing the company at $30.9 billion. The funds will support both large-scale data center builds and Crusoe's new modular 'Spark' AI factories, which can be manufactured off-site and deployed quickly. The company also added three board members, including Redwood Materials CEO JB Straubel and Cloudflare CFO Thomas Seifert.