Crusoe
Energy-first GPU cloud and modular AI data-centre infrastructure provider.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- Crusoe Energy Systems LLC
- Entity type
- COMPANY
- Founded
- 2018
- Headquarters
- United States
- Company size
- 1,001–5,000
- Market role
- Other / Non-Digital Advertising Relevant
- Official website
- crusoe.ai
What Crusoe does
Crusoe combines physical AI infrastructure with cloud service delivery. It develops and operates power and data-centre capacity, deploys modular AI facilities, procures and operates accelerated compute infrastructure, and rents that capacity to business customers through a cloud platform. Higher-value managed services, including managed clusters, serverless inference and fine-tuning, reduce customer operational workloads and expand revenue beyond raw GPU rental.
Category differentiation
Crusoe is an AI cloud and data-centre infrastructure operator, not a general-purpose hyperscale cloud provider or a bitcoin-mining operator. Its former bitcoin-mining operations were divested in 2025.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
Crusoe Energy Systems LLC, trading as Crusoe, is a US private AI-infrastructure company. It develops energy supply, builds and operates modular hyperscale AI data centres, and sells GPU cloud capacity and managed AI services through Crusoe Cloud and Crusoe Intelligence Foundry. Its cloud offers NVIDIA and AMD compute, accelerated storage, RDMA networking, managed Kubernetes, managed Slurm, serverless inference and model fine-tuning. The company sells primarily to AI companies, machine-learning teams, software developers and enterprises requiring large-scale model training, inference or data processing. It generates revenue from metered GPU and CPU consumption, spot capacity, reserved capacity, contracted infrastructure deployments and token-based managed-inference services. Crusoe divested its bitcoin-mining business in 2025 to concentrate on AI infrastructure.
Company news briefing
Briefing updated:
AI data center developer Crusoe has raised $3.9 billion in a Series F funding round, achieving a post-money valuation of $30.9 billion. The capital will expand its modular 'AI factories' to support large-scale initiatives, including OpenAI's Stargate project, backed by major enterprise contracts and ongoing exploration of an initial public offering.
Business model & monetisation
Crusoe monetises through usage-based cloud infrastructure and managed AI services. GPU and CPU capacity is sold through on-demand, spot and reserved models, including hourly GPU pricing and contact-sales configurations for newer systems. Managed inference uses pay-as-you-go token pricing, while self-serve, tailored and provisioned deployments are monetised through reserved or contracted capacity. Enterprise agreements secure dedicated resources and longer-duration commitments. Crusoe states that network ingress and egress are not charged.
- GPU and CPU cloud capacity
- On-demand, spot and reserved hourly infrastructure consumption.
- Dedicated enterprise capacity
- Reserved and contracted capacity agreements.
- Managed AI inference
- Pay-as-you-go token pricing and provisioned deployments.
- Managed fine-tuning and cluster operations
- Managed-workload platform charges and enterprise support.
Products & capabilities
No products with linked sources are available in this view.
Products & market categories
Technology
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
Crusoe raises $3B at $30B valuation
AI Infrastructure Funding · Recorded impact score: 4/5
Crusoe, a vertically integrated U.S. neocloud AI data center developer, has raised $3.9 billion in a Series F funding round, making it the most equity-backed private neocloud and boosting its post-money valuation to $30.9 billion. The oversubscribed round was co-led by Atreides Management, Mubadala Capital, and Valor Equity Partners, with participation from Founders Fund, GIC, Nvidia, QIA, Radical Ventures, and TPG. Crusoe, which pivoted from Bitcoin mining to GPU-as-a-Service, serves customers including Meta, Microsoft, OpenAI, Oracle, and Jane Street. The funds will expand its modular 'AI factories' (Spark) and support projects like the Abilene, Texas campus for OpenAI's Stargate initiative. It recently signed a $13 billion five-year AI cloud contract with Jane Street and reports over $140 billion in total contracted value. Crusoe is exploring an IPO with Goldman Sachs and Morgan Stanley and has added Thomas Seifert, Bill Stein, and JB Straubel to its board.
- Crusoe raised $3.9 billion in a Series F round at a $30.9 billion post-money valuation, co-led by Atreides Management, Mubadala Capital, and Valor Equity Partners.
- The round included participation from Founders Fund, GIC, Nvidia, QIA, Radical Ventures, and TPG.
Explore company relationships
Questions about Crusoe
What is Crusoe?
Crusoe is a US AI-infrastructure company providing energy-integrated data centres, GPU cloud capacity and managed AI services.
Who uses Crusoe?
AI companies, model builders, developers and enterprise machine-learning teams use Crusoe for training, fine-tuning, inference and data-processing workloads.
How does Crusoe make money?
Crusoe charges for GPU and CPU capacity, reserved enterprise infrastructure, managed cluster operations, serverless inference and fine-tuning services.
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.
24 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.