Ex-Bitcoin Miner Crusoe Targets $30 Billion Valuation With $3 Billion Raise As Meta (NASDAQ: META) AI Supplier

Crusoe, the data center operator supplying AI computing power to Meta Platforms Inc (NASDAQ: META) and Oracle (NYSE: ORCL), is in negotiations to raise $3 billion in fresh funding. The fundraising round is expected to push Crusoe’s valuation to $30 billion, according to Bloomberg, citing people familiar with the matter. That figure represents three times […] The post Ex-Bitcoin Miner Crusoe Targets $30 Billion Valuation With $3 Billion Raise As Meta (NASDAQ: META) AI Supplier appeared first on Foreign Policy Journal .