Market
Crusoe in talks to raise $3 billion funding, Bloomberg News reports
Yahoo2026.07.02
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. The startup is still in active talks on the round, and a final valuation has not been set, according to the report.
