Overview
Crusoe develops power and data-centre campuses (which it calls AI factories) and runs Crusoe Cloud on them. On 17 September 2026 it announced the initial closing of a US$3.9 billion Series F at a US$30.9 billion post-money valuation, co-led by Atreides Management, Mubadala Capital and Valor Equity Partners, with Founders Fund, GIC and NVIDIA participating[43]. The company reports more than US$140 billion of total contracted value, more than 6 GW of gross contracted capacity with 1 GW delivered and operational, and more than US$100 million in ARR for its Crusoe Managed Inference service[43]. It has no company-wide revenue figure on its own pages, so it is ranked by valuation[43]. The release is datelined Denver. Building at this scale requires very large debt financing and long-term power contracts.
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