AI startup Crusoe valued at $30 billion after new funding

AI data center startup Crusoe has raised over $3 billion in a funding round that values it at roughly $30 billion, Bloomberg News reported on Thursday, citing people familiar with the matter.

Launched in 2018 as a cryptocurrency business, Crusoe has pivoted to ‌building AI ⁠infrastructure ⁠and is among the upcoming “neoclouds” that provide specialized AI cloud and data center services.

Crusoe in 2025 raised $1.38 billion in a funding ​round at a valuation of more than $10 billion.