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Ex-Bitcoin Miner Crusoe Targets $30 Billion Valuation With $3 Billion Raise As Meta (NASDAQ: META) AI Supplier
Summary by foreignpolicyjournal.com
Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.1 Articles
1 Articles
Ex-Bitcoin Miner Crusoe Targets $30 Billion Valuation With $3 Billion Raise As Meta (NASDAQ: META) AI Supplier
Crusoe, the data center operator supplying AI computing power to Meta Platforms Inc (NASDAQ: META) and Oracle (NYSE: ORCL), is in negotiations to raise $3 billion in fresh funding. The fundraising round is expected to push Crusoe’s valuation to $30 billion, according to Bloomberg, citing people familiar with the matter. That figure represents three times the $10 billion valuation the company disclosed as recently as last October, marking a drama…
Coverage Details
Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
Factuality
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