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Crusoe Signs $13 Billion AI Cloud Deal with Jane Street, Bloomberg News Reports

  • On Thursday, data center developer Crusoe signed a $13 billion, five-year cloud contract with quantitative trading firm Jane Street Group, providing clusters of GPUs and AI infrastructure for training and inference.
  • The five-year commitment helped Crusoe secure a new $3 billion funding round that values the company at roughly $30 billion, according to reports citing people familiar with the matter.
  • Quantitative trading firm Jane Street, which trades securities rather than selling software, has now contracted more AI compute capacity than most model developers, reshaping infrastructure demand.
  • Crusoe competes with hyperscalers like Meta Platforms and Oracle, delivering AI-optimised data center services that allow clients to bypass bidding wars for scarce compute capacity.
  • Founded in 2018 as a cryptocurrency business using flared natural gas, Crusoe has pivoted to building AI infrastructure, aiming to accelerate the merging of energy resources with artificial intelligence.
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Crusoe signs $13 billion AI cloud deal with Jane Street, Bloomberg News ...

·London, United Kingdom
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Bloomberg broke the news in New York, United States on Thursday, September 3, 2026.
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