OpenAI Partner Crusoe Valued at $10 Billion in New Funding Round

Bloomberg TechnologyThursday, October 23, 2025 at 6:57:58 PM
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OpenAI Partner Crusoe Valued at $10 Billion in New Funding Round
Crusoe, a key partner for OpenAI and Oracle, has successfully raised $1.38 billion in equity, bringing its valuation to over $10 billion. This significant funding round highlights the growing importance of data centers in supporting advanced AI technologies, especially in Texas where Crusoe operates a major facility. This development not only strengthens Crusoe's position in the tech industry but also underscores the increasing investment in infrastructure that powers AI innovation.
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