---
title: "Crusoe reportedly in talks to raise $3 billion, tripling its valuation"
url: https://daily.dev/posts/crusoe-reportedly-in-talks-to-raise-3-billion-tripling-its-valuation-udgudhztj
source_url: https://thenextweb.com/news/crusoe-reportedly-in-talks-to-raise-3-billion-tripling-its-valuation
type: article
source: "The Next Web"
published: 2026-07-03T10:36:56.805Z
updated: 2026-07-03T10:37:13.784Z
tags: ["venture-capital", "ai-infrastructure"]
reading_time: 4
upvotes: 0
comments: 0
language: en
---

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# Crusoe reportedly in talks to raise $3 billion, tripling its valuation

**[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments

## Summary

Crusoe, an AI infrastructure company that pivoted from Bitcoin mining to data center operations, is reportedly in talks to raise $3 billion in a new funding round that would triple its valuation to approximately $30 billion. The company's last confirmed raise was a $1.38 billion Series E in October at a valuation above $10 billion. Crusoe counts Meta and Oracle among its customers, with Meta committing to roughly 1.6 gigawatts of capacity. The company claims 4.9 gigawatts under contract and a pipeline exceeding 40 gigawatts. The potential raise reflects a broader financing boom for AI data center operators, with rivals like FluidStack and CoreWeave also attracting massive investment. A successful close could reduce pressure for a near-term IPO.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/crusoe-reportedly-in-talks-to-raise-3-billion-tripling-its-valuation>

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---

Tags: [#venture-capital](https://daily.dev/tags/venture-capital), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure)

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