More than $3 billion at about $30 billion post-money, co-led by Atreides Management and Valor Equity Partners with Mubadala Capital participating. That is three times the valuation Crusoe carried t…
The reported $13 billion Jane Street contract is contingent on two extensions and an option for additional capacity, which makes it a ceiling rather than booked revenue.
Jane Street represents a new category of AI compute buyer: a proprietary trading firm rather than a hyperscaler or model lab, with direct financial attribution for what a better model is worth.
Crusoe sold its bitcoin mining unit to NYDIG in early 2025 and built the Abilene, Texas campus that forms the first phase of Stargate.
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