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Crusoe Raises $1.38B, Joins AI Infrastructure Surge

10/25/2025

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Summary

Story summary

Crusoe, a cloud infrastructure partner of OpenAI, raised $1.38 billion, valuing the company at over $10 billion.
Crusoe is part of a group of "neoclouds" focused on AI workloads, alongside CoreWeave, whose stock has risen.
CoreWeave faces challenges with its proposed acquisition of Core Scientific.
Anthropic expanded its partnership with Google Cloud to use up to a million TPU chips for training, while OpenAI invests heavily in its infrastructure.

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Story summary

Crusoe, a cloud infrastructure partner of OpenAI, raised $1.38 billion, valuing the company at over $10 billion.
Crusoe is part of a group of "neoclouds" focused on AI workloads, alongside CoreWeave, whose stock has risen.
CoreWeave faces challenges with its proposed acquisition of Core Scientific.
Anthropic expanded its partnership with Google Cloud to use up to a million TPU chips for training, while OpenAI invests heavily in its infrastructure.