Crusoe Signs $13 Billion AI Cloud Deal With Jane Street, Bloomberg Reports
Translated from English and summarized by DistantNews. Read the original for the full story.
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- AI data-center startup Crusoe signed a five-year cloud contract with trading firm Jane Street Group worth about $13 billion, Bloomberg News reported.
- The agreement would provide Jane Street with GPUs and other infrastructure for AI training and inference through Crusoe’s cloud platform.
- The deal has helped draw interest in Crusoe’s fundraising, as the company discusses raising about $3 billion at a valuation near $30 billion.
Crusoe has signed what could become its biggest-profile cloud contract yet. Bloomberg News reported that the AI data-center startup reached a five-year agreement with trading firm Jane Street Group valued at about $13 billion.
Under the deal, Jane Street would receive clusters of graphics processing units and other infrastructure needed to train and run artificial-intelligence models through Crusoe’s cloud platform.
The agreement has also attracted attention to Crusoe’s latest fundraising effort, Bloomberg reported. The company has been discussing a potential $3 billion raise at a valuation of roughly $30 billion.
Crusoe and Jane Street did not immediately respond to requests for comment. Crusoe has expanded its AI infrastructure business as demand for computing power drives a surge in data-center spending.
About this summary
Originally published by CNA in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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