Crusoe reportedly signs five-year, roughly $13B AI cloud contract with Jane Street
- Amount
- $13B
- Place in VP50
- #10
- Sources
- 2
- Claims verified
- 0 of 4
What happened
Crusoe signed a cloud contract with the trading firm Jane Street Group valued at around $13 billion, Bloomberg reported on September 3, 2026, citing people with knowledge of the matter. Bloomberg's headline described the agreement as a five-year deal for Crusoe's AI cloud services. Reuters relayed the Bloomberg News account the same day and carried the $13 billion figure in its headline.
Bloomberg described Crusoe as a data center company with contracts to supply AI computing power to Meta Platforms and Oracle. The report rested on unnamed sources, and the material reviewed for this post carried no confirmation or comment from Crusoe or Jane Street. The sources read did not give the contract's start date, how the value was split over the five years or the exact services covered. The $13 billion figure was therefore a reported value, not one published by either company.
Key points
- Bloomberg reported a Crusoe cloud contract with Jane Street Group valued at around $13 billion.1
- The deal is described as five-year, covering Crusoe's AI cloud services.1
- The report cites people with knowledge of the matter; no company confirmation appears in the sources.12
- Reuters relayed the Bloomberg News report on September 3, 2026.2
Why it matters
A reported $13 billion, five-year contract with a trading firm points to a large customer outside the technology companies Crusoe is already reported to supply, though the figure is unconfirmed.
Because neither company has confirmed the amount in the sources, the contract can inform a view of Crusoe's revenue base only as far as Bloomberg's sourcing allows.
In context
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Series C | Apr 21, 2022 | $1.8B | $350M | G2 Venture Partners |
| Series D | Dec 12, 2024 | $2.8B | $600M | Founders Fund |
| Series F | Sep 17, 2026 | $31B | $3.9B | Atreides Management, Mubadala Capital, and Valor Equity Partners |
Updated
Fact-check
- Crusoe signed a cloud contract with Jane Street Group valued at around $13 billion.Rests on the writer's extract of [1] Bloomberg, citing people with knowledge of the matter, and on the [2] Reuters headline; both pages were blocked for the checker. No company confirmation was found.Partly verified
- The contract is a five-year deal.Stated in the title of [1] Bloomberg ('Five-Year, $13 Billion Deal'); the page was blocked for the checker and the text read by the writer did not elaborate on the term.Partly verified
- Bloomberg reported the deal on September 3, 2026, and Reuters relayed it the same day.Both [1] Bloomberg and [2] Reuters are dated 2026-09-03 in their URLs, and the Reuters headline names Bloomberg News; neither page could be opened by the checker.Partly verified
- Crusoe has contracts to supply AI computing power to Meta Platforms and Oracle.Rests on the writer's extract of [1] Bloomberg, which describes Crusoe as a data center company with contracts to supply AI computing power to the likes of Meta Platforms and Oracle; the page was blocked for the checker.Partly verified
Sources
- [1]Bloomberg (opens in a new tab)Jane Street Secures Crusoe's AI Cloud Services in Five-Year, $13 Billion Deal
- [2]Reuters (opens in a new tab)Crusoe signs $13 billion AI cloud deal with Jane Street, Bloomberg News reports
