Crusoe received approximately $13 billion in AI cloud orders from Jane Street, and five-year agreements pushed the valuation up to $30 billion

Crusoe Data Centre Founder has signed a cloud service agreement with Quantified Trading Agency Jane Street Group worth approximately $13 billion for five years. Under the agreement, Crusoe will provide Jane Street, through its cloud platform, with the advanced AI Chip Cluster (GPU) and other infrastructure required for AI training and reasoning. Jane Street became one of Crusoe's largest cloud business clients to date. The agreement further boosted investors ' interest in the latest financing of Crusoe, which had recently completed over $3 billion in financing, with company valuations of about $30 billion. Crusoe initially used abandoned natural gas from the energy industry to provide electricity for encrypted currency mining, then moved to the AI infrastructure area and has worked with businesses such as Meta and Oracle. GPU cloud service providers are becoming important participants in the AI infrastructure market as financial institutions and large enterprises continue to grow in demand for AI ' s computing power。