06:52 PM EDT, 07/02/2026 (MT Newswires) -- Crusoe is in talks to raise about $3 billion in a funding round that could value the AI infrastructure company at around $30 billion, roughly triple its October valuation, Bloomberg reported Thursday, citing people familiar with the matter.

The report said Crusoe, which builds AI data centers and has contracts with customers including Meta Platforms, Oracle, Microsoft and Google, disclosed last month that it had contracts for nearly 5 gigawatts of computing capacity and a pipeline exceeding 40 gigawatts.

Crusoe was founded in 2018 as a crypto-mining company powered by excess natural gas before pivoting to AI infrastructure.

Bloomberg reported last month that the company had paused plans for a Wyoming data center after facing pressure to exit the project amid customer concerns over costs and timing.

Crusoe did not immediately respond to MT Newswires' request for comment.

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