Crusoe signs reported $13B Jane Street cloud deal amid $3B fundraising talks
The five-year GPU contract would turn a former quant trader's energy startup into Jane Street's second multibillion-dollar AI cloud supplier.
By RuntimeWire Staff · Published
Primary source: Bloomberg Technology
Why it matters
Jane Street's reported commitment gives Crusoe a marquee customer and potential collateral for its next financing. Delivering the contract will test whether Crusoe can turn development plans into operating GPU capacity without letting construction and capital costs outrun revenue.
Bloomberg reported on September 3rd that Crusoe, the AI infrastructure company co-founded by Chase Lochmiller, had signed a roughly $13B cloud contract with Jane Street, citing people familiar with the private agreement. Reuters, in an account carried by CNA, described the arrangement as a five-year contract.…
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