Crusoe reportedly raises $3B at a $30B valuation

Crusoe just landed a $13B, five-year GPU cloud deal with Jane Street, then closed a $3B round at a $30B valuation. Atreides Management and Valor Equity Partners co-led, with Mubadala Capital joining. That's a 3x valuation jump from its $1.38B raise at $10B last October. Crusoe started in 2018 mining crypto on flared gas; it now builds hyperscale data centers for Meta, Microsoft, OpenAI, and Oracle. The post also says it recently met Goldman Sachs and Morgan Stanley to discuss a near-term IPO.