Crusoe secures $700 million facility from NBSF for AI power infrastructure
The loan finances gas generators for Crusoe's owned AI factories, supporting its growth after a recent $3.9 billion Series F round.
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Energy-first AI infrastructure provider
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In short: Crusoe raised $3.9B at a $30.9B valuation and signed a reported $13B cloud deal
The loan finances gas generators for Crusoe's owned AI factories, supporting its growth after a recent $3.9 billion Series F round.
DRA01 is live with 12MW while DRA02 targets 40MW in late 2027 using NVIDIA Vera Rubin GPUs. This growth supports Crusoe Cloud operations.
The commitment supports the Genesis Mission Consortium across federal agencies like NASA and DOE through Crusoe Cloud.
Capital supports AI factories and cloud innovation as bookings surge 20x year-over-year alongside $140B total contract value.
Crusoe announced a partnership with Paraguayan developer Araico to build artificial intelligence...
With over $140 billion in total contracted value (TCV) across its vertically-integrated platform, the additional capital will help Crusoe scale its existing programs and support...
We cover SpaceX's rise to $121B in AI cloud contracted revenue, plus Crusoe's plans for two $2.4B sites as part of Project Hyper.
Crusoe ended a reported $1.25B Boom Supersonic turbine deal, but its AI data center power buildout continues with other suppliers.
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