# Crusoe CEO cites nearly $4 billion funding, valuation near $31 billion

_Published Saturday, September 19, 2026 at 1:08 AM EDT · Infrastructure, Products · Latest · Tier 2 — Notable_

Crusoe CEO Chase Lochmiller said the AI infrastructure company has nearly $4 billion in fresh funding, lifting its valuation to almost $31 billion. He said the capital will support building data centers, cloud computing, and managed AI services. Lochmiller said Crusoe could eventually enter public markets and argued data-center opposition reflects a marketing issue, saying the industry should better communicate effects on water, jobs, and local tax revenue.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/videos/2026-09-18/crusoe-ceo-data-center-indusry-has-a-marketing-issue-video)

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Canonical: https://techandbusiness.org/newswire/wYUbgNqVdFaqV8ixge8cCj
Published: 2026-09-19T05:08:15.466Z
Story chronology: 2026-09-18T19:46:40.000Z
Retrieved: 2026-09-19T06:55:13.732Z
Publisher: Tech & Business (techandbusiness.org)