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Data Center Operator Crusoe Seeks $3B Funding to Reach $30B Valuation on July 4

AI Industry News

2026-07-04 12:37:15

According to Bloomberg, on July 4, Crusoe, an AI data center operator, is in talks to raise approximately $3 billion in funding, with its valuation potentially reaching $30 billion—roughly triple its previous $10 billion valuation from October last year. The company operates large-scale data centers supporting AI systems and has contracts with Meta and Oracle to provide AI computing power. Funding discussions remain ongoing and the final valuation is not yet confirmed, sources said.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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