The startup has contracts to supply AI computing power for the likes of Meta and Oracle, the report said, as technology giants spend billions of dollars on data centers to meet the massive computing requirements for GenAI.

Crusoe Energy Systems is in talks to raise $3 billion in a pre-IPO round that could value the former Bitcoin mining company at $30B to $40B as it pivots to

July 2 : AI data center startup Crusoe is in talks to raise about $3 billion in a funding round that may triple its valuation, Bloomberg News reported on Thursday, citing people…