Crusoe Energy raised $500 million in funding led by Peter Thiel's Founders Fund to enhance its AI infrastructure.

Oct 31, 2024•10 months ago

Amount Raised

$500 Million

DenverInformation Technology

Investors

Founders Fund

Description

Crusoe Energy is set to secure approximately $500 million in equity capital from investors including billionaire Peter Thiel’s Founders Fund. The investment will be utilized to bolster Crusoe Energy’s AI infrastructure and reflects the startup’s proven ability to meet growing demand for AI compute.

Company Information

Company

Crusoe

Location

Denver, Colorado, United States

About

Crusoe is the industry’s first vertically integrated, purpose-built AI cloud platform. The company is redefining AI cloud infrastructure and its platform is recognized as the "gold standard" among builders for its reliability and performance in developing, training, and deploying AI models. Powered by clean, renewable energy, Crusoe aligns the future of computing with the future of the climate. Leading Fortune 500 companies trust Crusoe’s advanced, AI-optimized cloud to support their most demanding AI applications.

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