Crusoe AI Startup Valued at $13B, Employee Shares Sold
Update: 2025-11-05
Description
Crusoe, an AI infrastructure startup, is reportedly selling $120 million in employee shares, valuing the company at $13 billion. This deal represents a 30% premium over a recent funding round, led by Valor Equity Partners and Mubadala Capital. The company recently completed the first phase of its 1.2 gigawatt data center campus in Texas, showcasing its rapid growth and expanding operations in the AI industry.
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