Crusoe: Closes $3.9B Series F at $30.9B Valuation

Crusoe closed its $3.9 billion Series F at a $30.9 billion post-money valuation. The AI infrastructure company sources power, builds data centers and sells cloud services, having already delivered OpenAI's largest facility; new board members include Cloudflare CFO Thomas Seifert, ex-Digital Realty CEO Bill Stein and Redwood Materials CEO JB Straubel, while Robinhood Ventures put in $25 million.