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According to people familiar with the matter, data center startup Crusoe signed a cloud computing agreement worth about $13 billion with quantitative trading company Jane Street Group. Crusoe has previously signed contracts with companies such as Meta Platforms and Oracle to provide it with artificial intelligence computing power. People familiar with the matter, who requested anonymity due to discussions on undisclosed information, said that under the five-year agreement, Crusoe will provide Jane Street with computing clusters equipped with advanced AI chips and other infrastructure needed for artificial intelligence training and inference through its cloud platform. Bloomberg News reported last week that Crusoe is seeking a chip loan secured by a Jane Street contract. According to people familiar with the matter, Jane Street is the most valuable customer that Crusoe's cloud business has signed up to now. According to a person familiar with the matter, the deal has also attracted more investors' attention to Crusoe's latest round of financing. Crusoe is discussing raising about $3 billion at a valuation of around $30 billion. Bloomberg News first reported the news in July.
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According to people familiar with the matter, data center startup Crusoe signed a cloud computing agreement worth about $13 billion with quantitative trading company Jane Street Group. Crusoe has previously signed contracts with companies such as Meta Platforms and Oracle to provide it with artificial intelligence computing power. People familiar with the matter, who requested anonymity due to discussions on undisclosed information, said that under the five-year agreement, Crusoe will provide Jane Street with computing clusters equipped with advanced AI chips and other infrastructure needed for artificial intelligence training and inference through its cloud platform. Bloomberg News reported last week that Crusoe is seeking a chip loan secured by a Jane Street contract. According to people familiar with the matter, Jane Street is the most valuable customer that Crusoe's cloud business has signed up to now. According to a person familiar with the matter, the deal has also attracted more investors' attention to Crusoe's latest round of financing. Crusoe is discussing raising about $3 billion at a valuation of around $30 billion. Bloomberg News first reported the news in July.
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