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Atreides and Valor co-led the latest financing for Crusoe's AI cloud business to secure fresh capital. The Series F round raised more than $3 billion and established a company valuation of $30 billion, following a $13 billion, five-year agreement with Jane Street to provide GPU clusters for AI training and inference.
Jane Street has separately committed roughly $6 billion to CoreWeave cloud services and invested $1 billion in that provider. The agreement with the quantitative trading firm reportedly helped draw the investor interest that culminated in the most recent funding round.
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