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Is This The Next CoreWeave Or Nebius Group? A Crusoe IPO Looms

Crusoe, a privately held AI data center developer and power provider with contracts from OpenAI, Oracle, Microsoft, and GE Vernova, is in IPO talks with Bank of America, Goldman Sachs, Morgan Stanley, and JPMorgan, according to Axios. The Denver-based company is considering a public listing that could position it as a competitor to CoreWeave and Nebius Group.

read1 min views6 publishedAug 18, 2026
Is This The Next CoreWeave Or Nebius Group? A Crusoe IPO Looms
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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. The Denver-based company is meeting with Bank of America (BAC), Goldman Sachs (GS), Morgan Stanley (MS) and JPMorgan (JPM), sources told Axios, although one noted…

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