{"id":97624,"date":"2025-10-24T01:11:13","date_gmt":"2025-10-24T01:11:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/97624\/"},"modified":"2025-10-24T01:11:13","modified_gmt":"2025-10-24T01:11:13","slug":"ai-data-centre-startup-crusoe-raising-1-38-billion-in-latest-funding-round","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/97624\/","title":{"rendered":"AI data centre startup Crusoe raising $1.38 billion in latest funding round"},"content":{"rendered":"\n<p class=\"yf-1090901\">(Reuters) -AI data centre startup Crusoe is raising $1.38 billion at a valuation of about $10 billion from an anticipated Series E funding round, the Denver-based company said on Thursday<\/p>\n<p class=\"yf-1090901\">The oversubscribed round is being co-led by Valor Equity Partners and Mubadala Capital and includes <a href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\/\" data-ylk=\"slk:Nvidia;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a>, Fidelity Management and Founders Fund as some of its major investors.<\/p>\n<p class=\"yf-1090901\">The company, which was involved in building <a href=\"https:\/\/www.yahoo.com\/organizations\/openai\/\" data-ylk=\"slk:OpenAI;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">OpenAI<\/a>&#8216;s first big data centre in the U.S., has raised about $3.9 billion since its inception in 2018.<\/p>\n<p class=\"yf-1090901\">It recently announced that the first phase of its 1.2 gigawatt data center in Abilene, Texas campus, was live just one year after construction began.<\/p>\n<p class=\"yf-1090901\">(Reporting by Anuj T in Bengaluru; Editing by Anil D&#8217;Silva)<\/p>\n","protected":false},"excerpt":{"rendered":"(Reuters) -AI data centre startup Crusoe is raising $1.38 billion at a valuation of about $10 billion from&hellip;\n","protected":false},"author":2,"featured_media":97625,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,13145,71932,71930,16929,71931,111,139,69,145,71929],"class_list":{"0":"post-97624","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-data-centre","12":"tag-denver-based-company","13":"tag-fidelity-management","14":"tag-founders-fund","15":"tag-mubadala-capital","16":"tag-new-zealand","17":"tag-newzealand","18":"tag-nz","19":"tag-technology","20":"tag-valor-equity-partners"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/97624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=97624"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/97624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/97625"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=97624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=97624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=97624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}