Crusoe raises $3.9B to build massive data centers and small modular “AI factories”

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Data center developer Crusoe said Thursday it raised $3. 9 billion in a Series F round that pushes its valuation to $30. 9 billion. Crusoe recently signed a massive $13 billion, five-year cloud contract to supply quantitative trading firm Jane Street with GPUs and AI infrastructure, Bloomberg reported. The fresh fundraise comes 10 months after Crusoe raised $1. 38 billion at a $10 billion valuation last October.

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