Crusoe Secures $1.375 Billion for AI Infrastructure Development with OpenAI
Formerly engaged in Bitcoin mining, Crusoe has raised $1.375 billion in a Series E funding round led by Mubadala Capital and Valor Equity Partners.Science fiction media franchise centered on interstellar portals known as Stargates, encompassing films and television series.
Crusoe Secures $1.375 Billion for AI Infrastructure Development with OpenAI
Formerly engaged in Bitcoin mining, Crusoe has raised $1.375 billion in a Series E funding round led by Mubadala Capital and Valor Equity Partners.
Stargate Data Center to House 400,000 AI Chips
The inaugural data center complex of the Stargate infrastructure project will accommodate up to 400,000 powerful AI chips from Nvidia, according to Bloomberg, citing a statement from Crusoe. Construction of the facility is set to be completed by mid-2026, with a capacity of 1.2 GW. Stargate is a joint venture between OpenAI, Softbank, and Oracle. […]
Media reports reveal LayerZero plans to push valuation to $3 billion
The developers of the LayerZero omnichain protocol plan to raise additional funding that would triple the startup's valuation to $3 billion. The Block reports, citing sources.We use cookies to improve the quality of our service.
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