AI startup Crusoe Energy is raising $500 million at a valuation of $3 billion

AI infrastructure company Crusoe Energy is about to complete a $500 million equity financing, led by billionaire Peter Thiel's Founders Fund. This round of financing brings the company's valuation to $3 billion, doubling from two years ago.

In the previous weeks, Crusoe Energy just announced a $3.4 billion joint venture agreement with Lancium Clean Campus to build data centers in Texas.