Sources: Crusoe is in IPO talks with at least four Wall Street banks, including JPMorgan, which is advising on its $3B pre-IPO fundraise set to value it at $35B (Alan Neuhauser/Axios)

Techmeme ·

Crusoe is pursuing a $3B pre-IPO raise at a $35B valuation, signaling major capital demand for AI infrastructure.

Categories: Money & Moves

Excerpt

<a href="https://www.axios.com/pro/climate-deals/2026/08/17/crusoe-ipo-jpm-ms-gs-bofa"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260817/i34.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260817/p34#a260817p34" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Alan Neuhauser / <a href="https://www.axios.com/">Axios</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.axios.com/pro/climate-deals/2026/08/17/crusoe-ipo-jpm-ms-gs-bofa">Sources: Crusoe is in IPO talks with at least four Wall Street banks, including JPMorgan, which is advising on its $3B pre-IPO fundraise set to value it at $35B</a></b></span>&nbsp; &mdash;&nbsp; Crusoe, a data center developer and power supplier, is in IPO talks with at least four Wall Street banks, Axios Pro has learned.</p>