Crusoe Energy, an AI infrastructure company, is set to receive $500 million in equity capital from investors, including Peter Thiel’s Founders Fund. The funding will be used to enhance Crusoe Energy's AI infrastructure and values the startup at $3 billion. This comes shortly after the company announced a $3.4 billion joint venture for data center capacity. The investment from Founders Fund reflects the demand for sustainable AI compute. The interest from venture capital firms in AI is growing, with 40% of the $93 billion invested in the first half of 2024 going to AI firms. Crusoe Energy has shifted its focus to building data centers and acquiring AI chips, leasing its technology to other AI firms.



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