Crusoe Lands $3.9B Series F at $30.9B Valuation, Backed by NVIDIA and TPG
NVDA sits 34% above its 52-week low of $164.27.
Summary
Crusoe, a vertically-integrated AI infrastructure platform, closed a $3.9 billion Series F at a $30.9 billion post-money valuation. The round was co-led by Atreides Management, Mubadala Capital, and Valor Equity Partners, with participation from NVIDIA, Qatar Investment Authority, TPG, and others. For NVIDIA, this is a strategic investment in a major AI infrastructure customer and partner, reinforcing its ecosystem. For TPG, it's a notable private investment in the AI infrastructure space. The size and valuation signal strong investor demand for AI data center capacity. Watch for further details on Crusoe's expansion plans and any additional NVIDIA commitments.
At the time of this announcement, NVDA was trading at $219.65 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.3T. The 52-week trading range was $164.27 to $236.54. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.