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Data center operator Crusoe is in talks to raise $3 billion, and its valuation could rise to $300 billion.
BlockBeats News, on July 4, according to informed sources cited by Bloomberg, Crusoe is negotiating a financing round of approximately $3 billion, and the company's valuation is expected to increase to about three times its previous level. Crusoe is an emerging data center operator that has signed contracts with companies such as Meta and Oracle to provide them with artificial intelligence computing power.
Informed sources say the company focuses on building and operating large data centers that support the operation of AI systems. The financing negotiations are still actively ongoing, and the final valuation has not yet been determined. Since the discussions are not yet public, the sources requested anonymity.
However, investors expect that after accounting for this new round of financing, Crusoe's valuation will reach approximately $30 billion. In comparison, the company's valuation was about $10 billion in October last year.
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