Crusoe raises $1.4bn as investors pile in to AI data centres
Infrastructure provider to OpenAI triples its valuation to $10bn in a year
Infrastructure provider to OpenAI triples its valuation to $10bn in a year

Unprecedented funding leads 10 groups including OpenAI and Elon Musk’s xAI to gain almost $1tn in value in past year

New revenue lines, debt partnerships and further fundraising targeted to cover enormous costs

How much AI is the market willing to finance?

AI companies seek more control over investors trying to access their blockbuster funding rounds

Oaktree Capital, Partners Group and EQT among those seeking to cash in on AI boom

Dragoneer fund will invest $2.8bn in one of the largest start-up cheques ever written by a company