In Summary. Published:. 5:48 PM PDT · September 3, 2026. Crusoe, a data center developer with clients such as Meta, Microsoft, and OpenAI, has secured a $3 billion funding round, valuing the company at $30 billion, according to Bloomberg. The deal is being led by Atreides Management and Valor Equity Partners, with Mubadala Capital also participating. Crusoe recently signed a $13 billion cloud contract with Jane Street for GPUs and AI infrastructure. This recent funding comes 10 months after Crusoe raised $1.38 billion at a $10 billion valuation. Initially launched as a crypto mining operation, Crusoe has shifted its focus to AI infrastructure and cloud services, developing hyperscale data centers for clients like Oracle and OpenAI. The company has also met with investment banks to discuss a potential IPO, as reported by Axios last month.
