---
format: "aidr-story-markdown/v1"
id: "439f87414adfcb898f67dec9f155a2f41762fe8a196ddc8fa7b0b926272c6011"
canonical_url: "https://aidr.today/439f8741?lang=en"
title: "Crusoe Valuation Triples to $30 Billion After $13 Billion Jane Street Deal"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
translation_fallback: null
fallback_fields: []
published_at: "2026-09-07T18:42:02.000Z"
category: "Funding"
topics: ["funding","infra","openai","microsoft","meta"]
source_urls: ["https://huggingnews.com/ai/crusoe-valuation-triples-to-30-billion-after-13-billion-jane-street-deal-26be7f51","https://x.com/liangsays/status/2097009008897102237","https://x.com/smashibusiness/status/2096894996754370772","https://x.com/thehedgeberg/status/2096946594406875281"]
summary: "Atreides Management and Valor Equity Partners co-led a funding round that provided the AI infrastructure firm more than $3 billion. Abu Dhabi sovereign wealth fund Mubadala Capital also participated in the raise, which pushed Crusoe's valuation to $30 billion from $10 billion 10 months ago. The company recently signed a 5 year, $13 billion agreement to supply GPU cloud capacity to the market-making firm Jane Street. Founded in 2018 as a crypto mining operation utilizing excess natural gas, the company now builds data centers for Microsoft, Meta, and OpenAI. Current projects include a flagship site for OpenAI and Oracle's Stargate project in Texas. Jane Street's annual commitment of $2.6 billion accounts for over 12% of its $20.5 billion net revenue reported in 2024."
---

# Crusoe Valuation Triples to $30 Billion After $13 Billion Jane Street Deal

> [Open the canonical story](<https://aidr.today/439f8741?lang=en>)

**Published:** 2026-09-07T18:42:02.000Z
**Category:** Funding
**Topics:** funding, infra, openai, microsoft, meta

## Summary

Atreides Management and Valor Equity Partners co\-led a funding round that provided the AI infrastructure firm more than $3 billion\. Abu Dhabi sovereign wealth fund Mubadala Capital also participated in the raise, which pushed Crusoe's valuation to $30 billion from $10 billion 10 months ago\. The company recently signed a 5 year, $13 billion agreement to supply GPU cloud capacity to the market\-making firm Jane Street\. Founded in 2018 as a crypto mining operation utilizing excess natural gas, the company now builds data centers for Microsoft, Meta, and OpenAI\. Current projects include a flagship site for OpenAI and Oracle's Stargate project in Texas\. Jane Street's annual commitment of $2\.6 billion accounts for over 12% of its $20\.5 billion net revenue reported in 2024\.

## Sources

- [Story source](<https://huggingnews.com/ai/crusoe-valuation-triples-to-30-billion-after-13-billion-jane-street-deal-26be7f51>)
- [Story source](<https://x.com/liangsays/status/2097009008897102237>)
- [Supporting source](<https://x.com/smashibusiness/status/2096894996754370772>)
- [Supporting source](<https://x.com/thehedgeberg/status/2096946594406875281>)