techcrunch.com·

Crusoe reportedly raises $3B at a $30B valuation

AI Quality: 78/100Freshness: 82/100
Key Takeaway

Crusoe, which pivoted from crypto mining to AI infrastructure, raised a new $3B round co-led by Atreides Management and Valor Equity Partners, with participation from Mubadala Capital. The company recently signed a $13B cloud contract with Jane Street and is considering an IPO. The fundraise comes after a $1.38B round at a $10B valuation last October.

AI Summary & Analysis
Crusoe, a data center developer serving Meta, Microsoft, and OpenAI, has reportedly raised $3 billion at a $30 billion valuation.
Original Source Coverage
techcrunch.com
Read original story at techcrunch.com
Related Topics:
#ai#crusoe#data-centers#deals#meta#microsoft#openai#venture

Related Tech News

AI Curated
tomshardware.com09/04

AMD unveils Threadripper Halo Station, an AI workstation packing 96 cores and dual liquid-cooled MI350P accelerators — 'the most powerful workstation in the world' can run trillion-parameter models, says AMD

AMD unveiled the Threadripper Halo Station, an AI workstation it calls 'the most powerful in the world,' at IFA 2026. The system combines a 96-core Zen 5 Threadripper Pro 9995WX CPU with dual liquid-cooled Instinct MI350P accelerators (144GB HBM3E each), 2TB DDR5, and support for up to four GPUs. AMD claims it can run trillion-parameter models. Estimated component cost exceeds $100,000, with fully configured systems potentially over $150,000. No price or release date was announced, and AMD has not yet named OEM partners.

newsRead summary →
theverge.com09/04

Instagram’s AI detection is a mess (again)

The Verge reports that Instagram's visible AI labels are malfunctioning, with users reporting false positives on images edited with simple tools like Canva's background remover. Meanwhile, genuine AI imagery goes undetected, undermining trust. The article explores the causes and implications for content moderation.

newsRead summary →
wccftech.com09/04

Apple’s Base 14-Inch M5 MacBook Pro With Double The SSD Capacity Is $150 Off On Amazon, With The 10-Core CPU & 10-Core GPU Option Available For $1,849.99

Amazon offers a $150 discount on the base 14-inch M5 MacBook Pro, which features 16GB unified RAM and a 1TB SSD, bringing the price to $1,849.99. The article highlights the M5 chip's performance and battery life, directing readers to the full deal at Wccftech.

dealRead summary →
tomshardware.com09/04

Grab Hoto's 25-bit electric screwdriver set for under $30 right now, perfect for PC builds and projects — limited-time deal knocks 40% off the usual price for a multi-torque driver with a 1,500 mAh battery and 25 heavy-duty bits for hobbyists

Tom's Hardware highlights a limited-time deal on the Hoto 25-bit electric screwdriver set, priced at $29.98 (40% off). The author shares personal experience with the tool, noting its long battery life and versatility for PC builds and DIY projects. The set includes 24 bits plus an extended PH2 bit, a USB-C rechargeable battery, and three torque settings.

dealRead summary →