TechAxios58m ago

Crusoe is in IPO talks with at least four Wall Street banks, including

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

TL;DRCrusoe Energy seeks IPO, targeting $35B valuation with major bank backing.

Why it matters: Data center consolidation accelerating; AI infrastructure plays becoming public market priorities.

Crusoe, a data center developer and power supplier, is in IPO talks with at least four Wall Street banks, Axios Pro has learned.

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Source: Axios · Opens in new tab