Crusoe Raises $3.9 Billion to Expand Data Centers and Modular 'AI Factories'

Data center company Crusoe has raised $3.9 billion in a new funding round that values the company at $30.9 billion, according to a report published by TechCrunch.

The report states that Crusoe plans to use the funds to build large-scale data centers as well as smaller, modular facilities described as "AI factories."

TechCrunch did not specify the investors participating in the round or provide additional details on the timeline for the planned construction projects.

Crusoe's valuation reflects continued investor interest in infrastructure supporting artificial intelligence workloads, though the report did not disclose comparative figures from previous funding rounds.

Further details about the company's expansion plans and the specific use of the newly raised capital were not included in the available report.