Oct 27th, 2025

OpenAI Partner Crusoe Reaches $10 Billion Valuation

Crusoe, the operator of OpenAI’s and Oracle’s Stargate data center project in Abilene, Texas has raised $1.38 billion in equity, valuing the firm at more than $10 billion. Crusoe CEO Chase Lochmiller speaks to Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”