AI DATA CENTER STARTUP CRUSOE RAISING $1.38 BILLION IN LATEST FUNDING ROUND

Summary from the TLDR Founders newsletter

Crusoe is raising $1.38 billion in a Series E round led by Valor Equity Partners and Mubadala Capital, valuing the company at $10 billion. Key investors include Nvidia, Fidelity Management, and Founders Fund. Crusoe recently launched the first phase of its 1.2 gigawatt data center in Abilene, Texas.