Neocloud and AI-Compute Infrastructure Financing Accelerates

Crusoe reportedly raised more than $3B at roughly a $30B valuation alongside a potential $13B Jane Street agreement and 4.9GW of contracted capacity. Nscale is reportedly seeking up to $3.5B in pre-IPO financing, while Gimlet reportedly reached a $3B valuation as it expanded toward data-center deployment; customer concentration, contract quality, financing, power access, utilization, and margins remain key risks.