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Crusoe, AI Data Center Developer And Coreweave Rival, Eyes IPO


Crusoe, a privately held AI data center developer and power provider working under contracts with OpenAI, Oracle (ORCL), Microsoft (MSFT) and GE Vernova (GEV), is in IPO talks with four Wall Street banks, Axios reported. But Crusoe rival CoreWeave (CRWV) plunged on Tuesday amid a sharp selloff for AI-driven and AI stocks. Denver-based Crusoe is meeting with Bank of America…

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