AI data center startup Crusoe in talks to raise $3 billion funding: report
AI data center startup Crusoe is in talks to raise about $3 billion in a funding round that may triple its valuation, Bloomberg News reported on Thursday, citing people familiar with the situation.
The startup has contracts to supply AI computing power for the likes of Meta and Oracle, the report said, as technology giants spend billions of dollars on data centers to meet the massive computing requirements for GenAI.
Reuters could not independently verify the report and Crusoe did not immediately respond to a request for comment.
