Crusoe announced it has raised $1.38 billion in equity funding, valuing the company at over $10 billion. The company currently operates a large data center complex in Texas for OpenAI and Oracle. The company announced in a statement Thursday that the funding round was led by Valor Equity Partners and Mubadala Capital, the asset management arm of Abu Dhabi's sovereign wealth fund, Mubadala Investment Company. Other investors included Nvidia, Altimeter Capital, BAM Elevate, Founders Fund, Fidelity Management, Salesforce Ventures, and Super Micro Computer.