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Crusoe
GPU cloudPrivateCrusoe is a GPU cloud based in Denver, United States, founded in 2018. It is privately held.
Capacity, contracted6 GWas disclosed
Capacity, operating1 GWonline
Valuation$30.9Bpost-money, 17 Sep 2026
Compute deals on record3$15.1B confirmed contract value
Key facts
| Classification | GPU cloudHow types are assigned |
| Status | Private |
| Headquarters | Denver, United States |
| Founded | 2018 |
| Founders | Chase LochmillerXLinkedIn |
| Capacity and backlog | Crusoe reported more than 6 GW of gross contracted capacity, of which 1 GW is delivered and operating, and more than $140 billion of total contract value (Series F announcement, 17 September 2026). Crusoe is the developer of a Google data center campus under construction in Armstrong County, Texas (company, 28 September 2026). On 6 November 2026 Crusoe said Google had acquired its southeast Wyoming data center site after Crusoe completed site selection, approvals and the power strategy for the campus (company announcement). In October 2026 Crusoe partnered with Araico to build AI cloud infrastructure in Paraguay powered by the Itaipú hydroelectric dam, scaling to 106 MW (company announcement, 22 October 2026). |
| Chips | NVIDIA; AMD |
| Named customers | OpenAI (Stargate, Abilene), Microsoft, Google, Oracle, Thinking Machines Lab, Cognition, Figure, Perplexity |
| Latest financing | $3.9B, Series F, 17 Sep 2026 |
| Investors named | Atreides Management, Mubadala Capital, Valor Equity Partners, Founders Fund, GIC, NVIDIA, Qatar Investment Authority, Radical Ventures, TPG |
| Debt and financing | In October 2026 Crusoe arranged a $700 million facility with Neuberger Specialty Finance to fund power infrastructure (announced 22 October 2026). |
| Website | crusoe.ai |
| Profiles and work | X @CrusoeAILinkedInGitHub, 55 public reposYouTubeDocsHow links are checked, checked 10 Nov 2026 |
Sources for this table: crusoe.ai, techcrunch.com, crusoe.ai, crusoe.ai, crusoe.ai, crusoe.ai, crusoe.aichecked 10 Nov 2026
Compute deals and financings
| Date | Counterparty | Role | Type | Value | Capacity | Status | Source · checked |
|---|---|---|---|---|---|---|---|
| 23 Sep 2026 | Thinking Machines Lab | Provider | Capacity contractNVIDIA HGX B200 | $65M | — | Confirmed | crusoe.ai today announced a $65 million annual agreement to power inference for the lab's open models on Crusoe Cloudchecked 10 Nov 2026 |
| 3 Sep 2026 | Jane Street | Provider | Capacity contract | $13B | — | Reported | |
| 21 May 2025 | Blue Owl Capital, Primary Digital Infrastructure | Buyer | Joint venture | $15B | 1.2 GW | Confirmed | crusoe.ai announced today the second phase of a $15 billion joint-venture to fund the 1.2 gigawatt AI data center in Abilene, Texas.checked 9 Nov 2026 |
Investors by round
| Investor | Round | Date | Round size | Role | Status | Source |
|---|---|---|---|---|---|---|
| Atreides Management | Series F | 2026-09-17 | $3.9B | co-lead | Confirmed | |
| Founders Fund | Series F | 2026-09-17 | $3.9B | participant | Confirmed | |
| GIC | Series F | 2026-09-17 | $3.9B | participant | Confirmed | |
| Mubadala Capital | Series F | 2026-09-17 | $3.9B | co-lead | Confirmed | |
| NVIDIA | Series F | 2026-09-17 | $3.9B | participant | Confirmed | |
| Qatar Investment Authority | Series F | 2026-09-17 | $3.9B | participant | Confirmed | |
| Radical Ventures | Series F | 2026-09-17 | $3.9B | participant | Confirmed | |
| TPG | Series F | 2026-09-17 | $3.9B | participant | Confirmed | |
| Valor Equity Partners | Series F | 2026-09-17 | $3.9B | co-lead | Confirmed | |
| Neuberger Specialty Finance | credit facility (power infrastructure) | 2026-10-22 | $700M | lead | Confirmed |
Latest posts on X
The most recent posts from @CrusoeAI, the X account of Crusoe, quoted as posted. Replies and reposts are left out. How posts are selected.
Describe an app in plain language, and get a working one in minutes. That's Base44. Gabriel Grinberg, who leads AI engineering for @Base44's app-building agent, shares how his team keeps AI costs in check without giving up quality, and why he describes Crusoe as a "model factory." "For us, the holy grail is achieving better quality, better latency and better cost," he says. Watch the full story: youtu.be/SXlcKWGsFWw
It’s time to rethink how you evaluate AI infrastructure. AI tokenomics shows you what drives efficiency and value, from the physical foundation to the software stack. See how Crusoe and @NVIDIA are collaborating to deliver optimizations across both: bit.ly/4zDbpKG
View the post on X · With video
New GPU inference workers, ready in 31 seconds instead of ~8 minutes. We ran NVIDIA Snapshot on Crusoe Cloud and restored a GLM-5.3 worker with 594 GB of GPU state on NVIDIA HGX™ B300. The biggest lever: storage. Benchmarks: crusoe.ai/resources/blog/nvidia-snapshot-…
checked 10 Nov 2026
Is Crusoe publicly traded?
No. Crusoe is a private company with no publicly traded shares (checked 10 Nov 2026). Its latest disclosed valuation is $30.9B post-money (17 Sep 2026).
EveryNeo is an independent informational project. Nothing here is investment, legal or financial advice. Disclaimer
Other GPU clouds on the ledger
| Company | Status | Contracted | Operating | Valuation / market cap |
|---|---|---|---|---|
| CCoreWeave | NASDAQ:CRWV | 3.7 GW | 1.5 GW | $27B |
| NNebius | NASDAQ:NBIS | 4 GW | — | $38.5B |
| NNscale | Private | 1.37 GW | — | $14.6B |
| LLambda | Private | — | — | $14.5B |
| FFirmus | Private | — | — | $10.5B |
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