Crusoe Raises $600M in Series D at $2.8B Valuation to Drive AI

📅 December 16, 2024 - Crusoe, a vertically integrated provider of AI infrastructure, has successfully closed a $600 million Series D funding round, led by Founders Fund. The round saw participation from notable investors such as Fidelity, Long Journey Ventures, Mubadala, NVIDIA, Ribbit Capital, and Valor Equity Partners.

This influx of capital is set to propel Crusoes mission of innovating AI infrastructure while addressing pressing environmental concerns.

The company has gained prominence in the AI industrial revolution by leveraging renewable energy and building AI-optimized data centers. Crusoe CEO and co-founder Chase Lochmiller emphasized the companys unique approach to reducing complexity and [...][... Check source for end of article ...]

Tags: AI

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