Naveed Ahmad

Crusoe raises $3.9B to construct large knowledge facilities and small modular ‘AI factories’

Information middle developer Crusoe mentioned Thursday it raised $3.9 billion in a Sequence F spherical that pushes its valuation to $30.9 billion. The large spherical was co-led by Atreides Administration, Mubadala Capital, and Valor Fairness Companions. Founders Fund, GIC, Nvidia, Qatar Funding Authority (QIA), Radical Ventures, and TPG additionally participated, in accordance with Crusoe. Crusoe…

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Khosla-backed Mazama Energy just raised $135M to drill deeper into super-hot-rock geothermal

Geothermal startup Mazama Energy raised $135 million in an oversubscribed Series B, the startup said Thursday. The fresh funding will help the company develop horizontal wells in super-hot rocks capable of generating 15 megawatts of electricity per well. Mazama plans to start generating electricity sometime next year and said its first site in Oregon is…

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Crusoe raises $3.9B to build massive data centers and small modular “AI factories”

Data center developer Crusoe said Thursday it raised $3.9 billion in a Series F round that pushes its valuation to $30.9 billion. The massive round was co-led by Atreides Management, Mubadala Capital, and Valor Equity Partners. Founders Fund, GIC, Nvidia, Qatar Investment Authority (QIA), Radical Ventures, and TPG also participated, according to Crusoe. Crusoe also…

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GCU’s Faizan completes 1,100km run from Lahore to Skardu in 22 days

Government College University (GCU) Lahore student and Falcon Triathlon Club (FTC) member Faizan Ahmed. — [email protected]/Screengrab Faizan Ahmed Faiz, a Government College University (GCU) Lahore student, has completed a gruelling 1,100-kilometre run from Lahore to Skardu in 22 days, crossing plains and some of Pakistan’s toughest mountain terrain. Faizan Ahmed, a member of the Falcon Triathlon…

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