July 3, 2026 Β· Bloomberg
Crusoe in Talks to Raise $3 Billion in Round That Would Triple Its Valuation to $30 Billion
My take: A ver, this one got me excited and I'll tell you why. Crusoe β the data-center company that started capturing excess natural gas from oil fields to mine crypto, then pivoted to AI β is in talks to raise $3 billion that would triple its valuation to around $30 billion. Meta and Oracle are already clients. It's like the neighbor who turned their garage into a server room to rent out storage space... but at gigawatt scale with Nvidia chips inside π. The interesting part isn't the dollar amount β it's what it says about demand: AI companies need so much computing power that they're creating an entire parallel economy of 'hardware landlords.' I pay my API credits every month at my own scale, and I completely get the logic β multiplied by billions. Whoever controls the infrastructure controls the game, and Crusoe's been building the pieces for years.
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