---
title: "OpenAI partner Crusoe is valued at $10 billion in the latest round of financing"
description: "Crusoe raised $1.38 billion through equity financing, with a valuation exceeding $10 billion. The company operates large data centers in Texas for OpenAI and Oracle. This financing was led by Valor Eq"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/262486961.md"
published_at: "2025-10-23T19:07:17.000Z"
---

# OpenAI partner Crusoe is valued at $10 billion in the latest round of financing

> Crusoe raised $1.38 billion through equity financing, with a valuation exceeding $10 billion. The company operates large data centers in Texas for OpenAI and Oracle. This financing was led by Valor Equity Partners and Mubadala Capital, a subsidiary of the Abu Dhabi Sovereign Wealth Fund Mubadala Investment Company, with other investors including NVIDIA, Altimeter Capital, and others

Crusoe announced that it has raised $1.38 billion through equity financing, with a company valuation exceeding $10 billion. The company is currently operating a large data center complex in Texas for OpenAI and Oracle. In a statement released on Thursday, the company said that this round of financing was led by Valor Equity Partners and Mubadala Capital, the asset management arm of the Abu Dhabi sovereign wealth fund. Other investors include NVIDIA, Altimeter Capital, BAM Elevate, Founders Fund, Fidelity Management, Salesforce Ventures, and Supermicro

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.