Crusoe is an AI data center developer that builds large sites and modular "Spark" AI factories and holds contracts with Meta, Oracle and Google. Recent coverage has focused on its financing and shifting plans: a $3.9 billion Series F at a $30.9 billion valuation, a multiyear cloud capacity deal with Perplexity, and the scrapping of a $1.25 billion Boom turbine purchase. Its CEO also said the neocloud selloff is overblown.
Runware plans factory to mass-produce AI data center podsRunware plans to assemble its Sonic Inference Pod modular data centers on an assembly line at its Romania factory, targeting 30 MW of capacity per day by 2028, or nearly 1 GW per month. It has two factories, with the second due online early next year; delivering at that scale is the real test.
Crusoe CEO Says Neocloud Selloff Is OverblownThe CEO of data center developer Crusoe, which has contracts with Meta, Oracle and Google, said the recent selloff in so-called neoclouds is overblown, and praised rival CoreWeave for having done some very good deals.
NVIDIA cloud partners expand sovereign AI capacity in EuropeNVIDIA cloud partners are expanding regional compute across Europe, the Nordics, Africa and Central Asia for training and inference. Nscale used NVIDIA DSX MaxLPS to fit 37% more GPUs and lift aggregate inference throughput nearly 50% within the same power budget, and plans Vera Rubin deployments across five European markets.
38 Companies Join Crunchbase Unicorn Board In September, Led By Semiconductor, Fintech And Space TechA total of 38 companies joined the Crunchbase Unicorn Board in September, adding $71B in value. Semiconductors, financial services, and space technology led, with 21 US-headquartered companies and 6 from China. Through September, 311 companies have joined this year, on track for the second-highest year of unicorn creation after 2021. Cognition's valuation rose to $48B, Crusoe to $31B, and Mistral to $24.4B.
Crunchbase: Q3 global VC hits $159B as billion-dollar rounds set recordGlobal venture funding reached $159 billion in Q3 2026 across nearly 6,000 startups, down 25% quarter over quarter but up 53% year over year, per Crunchbase. A record 27 companies raised billion-dollar rounds, with Databricks and Safe Superintelligence each raising $5 billion.
Crusoe Abandons $1.25B Boom Turbine PlanAI data center developer Crusoe ended a $1.25 billion deal to buy 29 of Boom Supersonic's 42MW Superpower turbines, which were to begin delivery in 2027. Boom's CEO said turbines are no longer in Crusoe's near-term power mix, though Boom will deliver about 250MW to other sites next year.
Crunchbase Top 10 Funding Rounds: Temporal Leads With $550MCrunchbase's weekly top 10 U.S. funding rounds were led by AI infrastructure company Temporal Technologies with a $550M Series E at a $12.55B valuation, followed by space tech firm Impulse Space's $308M Series D extension. Data center developer Crusoe confirmed its previously reported $3B-plus raise.
Crusoe raises $3.9B at $30.9B valuationData-center developer Crusoe raised $3.9 billion in a Series F round valuing the company at $30.9 billion, led by Atreides Management, Mubadala Capital and Valor Equity Partners. The capital will fund large sites and modular “Spark” AI factories and the company added three new board members.
Crusoe inks multiyear cloud capacity deal with PerplexityBloomberg reports data-center operator Crusoe signed a multiyear cloud-capacity deal with AI search firm Perplexity to expand its business renting AI chips and related software.
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