CR

Crusoe

AI cloud and data-centre infrastructure for production-scale model workloads.

Available information varies by company and source.

Profile record updated:

Company facts

Official name
Crusoe Technologies LLC
Entity type
COMPANY
Founded
2018
Headquarters
United States
Company size
1,001–5,000
Market role
B2B SaaS Provider
Official website
crusoeenergy.com

What Crusoe does

Crusoe develops and operates vertically integrated AI infrastructure, monetising compute capacity and managed platform services. It supplies GPU cloud instances and related storage, networking and orchestration as consumption services, then captures additional value through managed inference, fine-tuning, dedicated capacity and tailored production deployments. Acquisitions of Easter-Owens Electric Co. and Atero extend its control over modular data-centre manufacturing and GPU workload efficiency.

Category differentiation

Crusoe is an AI compute cloud and data-centre infrastructure operator, not a foundational model developer or a general-purpose hyperscale public cloud. It is distinct from its original stranded-energy computing focus through its current GPU cloud and managed AI platform portfolio.

Strategic context

AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.

Crusoe Technologies LLC, trading as Crusoe, is a US private AI-infrastructure company. It designs, builds and operates AI cloud and data-centre infrastructure, including GPU and CPU compute, storage, RDMA networking, managed Kubernetes, managed Slurm and fault-tolerant compute clusters. Its Crusoe Intelligence Foundry adds managed model fine-tuning, serverless inference, model hosting and dedicated production endpoints. The company sells infrastructure-as-a-service and managed AI platform services to AI companies, model developers, machine-learning teams, researchers and enterprises. It earns primarily from metered cloud consumption, including GPU-hours, CPU-hours, storage, managed cluster-hours and inference tokens, with reserved capacity, dedicated throughput and tailored enterprise deployments providing contracted revenue.

Company news briefing

Briefing updated:

AI infrastructure provider Crusoe is on track to achieve $2 billion in revenue this year following a $3.9 billion funding round that valued the company at $30.9 billion. The firm operates within a competitive neocloud landscape that includes market peers like Nscale, CoreWeave, and Nebius, while being recognized as a near-term IPO candidate by major investors such as Bain Capital Ventures. In parallel with its rapid financial expansion, Crusoe terminated its $1.25 billion turbine purchase agreement with Boom Supersonic to pursue more flexible energy solutions for its data centre operations.

Business model & monetisation

Crusoe monetises principally through usage-based cloud infrastructure. Crusoe Cloud bills GPU instances by the hour through on-demand, spot and reserved capacity, alongside CPU usage, storage, container registry usage and managed Kubernetes cluster-hours. Crusoe Intelligence Foundry charges pay-as-you-go token rates for serverless inference and fine-tuning, hourly GPU rates for self-service deployments, and negotiated enterprise pricing for tailored endpoints, volume agreements, provisioned throughput and guaranteed long-term capacity.

GPU and CPU cloud instances
Metered on-demand, spot and reserved infrastructure consumption
Storage, networking, container registry and managed Kubernetes
Usage-based cloud service charges
Serverless inference and fine-tuning
Pay-as-you-go token consumption
Tailored deployments and provisioned throughput
Negotiated enterprise capacity agreements

Products & capabilities

No products with linked sources are available in this view.

Products & market categories

Recent recorded signals

Dates refer to the source publication. Older entries are historical context, not evidence of a new event.

  • Crusoe abandons $1.25B Boom turbine deal for AI data centers

    techcrunch.com

    Infrastructure · Recorded impact score: 2/5

    Crusoe, a Denver-based AI data center startup, has abandoned a $1.25 billion agreement to purchase 29 of Boom Supersonic's 42-megawatt Superpower natural gas turbines. The deal, announced last year, positioned Crusoe as Boom's launch customer for its stationary power plant business. Boom CEO Blake Scholl confirmed the termination in a social media post, noting that turbines are no longer part of Crusoe's near-term power mix. A Crusoe spokesperson cited the need for flexible energy solutions as the reason. The company's Abilene campuses for OpenAI and Oracle are grid-powered, while a Microsoft campus uses on-site gas turbines. Losing the launch customer is a setback for Boom, which raised $300 million in 2025 largely to commercialize this business.

    • Crusoe terminates $1.25B turbine purchase agreement with Boom Supersonic.
    • Agreement covered 29 units of Boom's 42-megawatt Superpower turbines.
  • Crusoe on Track for $2B Revenue Amid Data Center Backlash

    newcomer.co

    Infrastructure · Recorded impact score: 3/5

    Crusoe, a data center builder and cloud provider, is on track for $2 billion in revenue this year, according to financials obtained by Newcomer. The company recently raised $3.9 billion at a $30.9 billion valuation, led by Atreides Management, Valor Equity Partners, and Mubadala. CEO Chase Lochmiller believes better marketing can quell the political uproar against data centers. The article highlights the contradiction of the AI industry's rapid growth and its uncertain future, as public backlash against data centers builds.

    • Crusoe raised $3.9 billion at a $30.9 billion valuation.
    • The funding round was led by Atreides Management, Valor Equity Partners, and Mubadala.
  • AI Week: Gemini 3.8, OpenAI Astra for Law, Figure Helix 2.5, Crusoe $3.9B

    AI & Infrastructure · Recorded impact score: 3/5

    This weekly roundup covers key AI developments: Google's Gemini 3.8 Live models with background tool calls and simultaneous reasoning; OpenAI's Astra for Law, a specialized GPT-6 Astra configuration for legal workflows; Figure's Helix 2.5 humanoid policy showing zero-shot generalization in 30 unseen homes; and Crusoe's $3.9 billion Series F at a $30.9 billion valuation for AI infrastructure. Other news includes Profound's $180M Series D, Nvidia CEO Jensen Huang's comments on antitrust waivers, OpenAI's potential $1.2 trillion valuation funding round, Emulate's $700M seed talks, Manus's $500M raise, Bain Capital Ventures' $1.6B fund, Treble's $18M Series A-2, Snap's SPECS AR glasses, and SoftBank's increased Arm-backed margin loan. The article provides a comprehensive overview of AI infrastructure, robotics, and funding trends.

    • Google introduced Gemini 3.8 Live and Gemini 3.8 Live Extended Thinking for voice agents with real-time visual grounding and background tool calls.
    • OpenAI launched Astra for Law, a GPT-6 Astra configuration with a Legal Search Index for legal work.
  • Bain Capital Ventures Raises $1.6B Fund for Post-AGI Era Startups

    techcrunch.com

    Venture Capital Funding · Recorded impact score: 3/5

    Bain Capital Ventures (BCV) has raised a new $1.6 billion fund, 14% larger than its previous $1.4 billion fund from three years ago. The firm plans to deploy the capital primarily into startups focused on AI, particularly in infrastructure, healthcare, physical AI, and security, which it calls the 'post-AGI era.' BCV aims to fund compute infrastructure until AI becomes 'too cheap to meter,' and cites portfolio company Crusoe, a data center developer valued at $30 billion and a near-term IPO candidate. The firm also highlights investments in Loyal, a pet longevity startup, and Dream, an AI-powered national infrastructure defender. BCV intends to invest in 30 to 40 companies, primarily at seed through Series B stages, leveraging Bain Capital's expertise in credit, real estate, insurance, and private equity to support founders with more than just equity capital.

    • Bain Capital Ventures raised a new $1.6 billion fund, 14% larger than its previous $1.4 billion fund.
    • The fund is the firm's 11th and will focus on AI startups in infrastructure, healthcare, physical AI, and security.

Explore company relationships

Questions about Crusoe

What is Crusoe?

Crusoe is a private AI-infrastructure company providing GPU cloud compute, data-centre infrastructure and managed AI deployment services.

Who uses Crusoe?

AI companies, model providers, machine-learning teams, developers, researchers and enterprises use Crusoe for training, fine-tuning and inference workloads.

How does Crusoe make money?

Crusoe earns usage-based fees for GPU and CPU compute, storage, managed clusters and inference tokens, plus contracted pricing for dedicated enterprise capacity.

Sources & coverage

This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.

23 publicly documented primary sources and citations linked across the market graph.

Continue your research on Crusoe

Explorer includes additional company details, a Watchlist for up to 25 companies and your personal Strategic Intelligence Agent. It monitors your market daily and delivers tailored briefings with clear strategic context whenever relevant news occurs.

Free, with no time limit.