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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 11 sources · 7 days · First seen · Last updated

Crusoe AI infrastructure expansion

Overview

Crusoe, an AI infrastructure provider, secured $3.9 billion in Series F funding to expand its data center projects and modular AI factories. The round, co-led by Atreides Management, Mubadala Capital, and Valor Equity Partners, brought the company’s valuation to $30.9 billion.

Following this capital injection, Crusoe signed a $65 million annual agreement with Thinking Machines Lab to power the inference of its open models using dedicated NVIDIA HGX B200 systems. This partnership contributed to Crusoe announcing that its managed inference business has surpassed $100 million in annual recurring revenue within less than a year of its launch.

Entities

Crusoe · Nvidia · Google · Alphabet · Atreides Management

Timeline

  1. [TECHNOLOGY] 3 sources
    Thinking Machines Lab signs $65 million annual deal with Crusoe

    Thinking Machines Lab has signed a $65 million annual deal with Crusoe to run its open-model inference on NVIDIA HGX B200 systems.

  2. [BUSINESS] 8 sources
    Crusoe raises $3.9 billion to expand AI infrastructure

    AI infrastructure firm Crusoe raised $3.9 billion in a Series F round, reaching a $30.9 billion valuation to expand its data centers and modular ‘Spark’ AI factories.

Sources

aiThority.com · bitnewsbot.com · china.timesofnews.com · espiganoticias.net · fundselectorasia.com · it-boltwise.de · newsable.asianetnews.com · noticiasdemalaga.es · siliconangle.com · tekedia.com · wwwhatsnew.com