Crusoe, a data center developer focused on AI infrastructure, raised $3.9 billion in a Series F funding round, boosting its valuation to $30.9 billion. The funding will support existing large-scale projects like the Abilene, Texas site used by OpenAI, and new modular AI data centers called Spark, which can be quickly deployed and avoid local opposition. Crusoe’s business model includes leasing space, renting GPUs, and selling AI compute power, attracting major clients like Meta, Microsoft, and Oracle. The company is also considering an IPO soon, following a $13 billion cloud contract with Jane Street.
Oracle shares surged 5.14% to USD 150.60 on Pluang as of Sep 18, 2026 06:21 WIB, reflecting strong investor interest possibly linked to AI infrastructure growth like Crusoe's new data centers. Meta and Microsoft also gained modestly, up 1.13% and 1.20% respectively, with Meta at USD 680.95 and Microsoft at USD 496.16. These tech giants, clients of Crusoe, continue to show steady market activity amid expanding AI investments.
Truist recently set a $1,000 price target for Meta Platforms, while a proprietary model from 24/7 Wall St. projects a $926.32 target with a 21.35% upside over the next year. Meta's stock has rallied on new AI product launches and strong ad revenue gr...
Meta has successfully deployed its AI model Muse to 3.6 billion daily users across platforms like Facebook, Instagram, Messenger, and WhatsApp, significantly increasing daily AI usage by 60%. This large-scale distribution boosts Meta's advertising re...
Leverage Shares by Themes is launching the MGOL ETF on October 14, 2026, offering investors access to six leading technology and AI companies: Meta, Anthropic, NVIDIA, Alphabet, OpenAI, and SpaceX, collectively called the MANGOS Companies. This activ...
Broadcom is benefiting from a shift in AI spending towards custom accelerators and networking chips, with AI revenue up 221% to $16.7 billion in Q3 and bookings exceeding $30 billion through 2028. Despite recent stock volatility due to credit concern...
The YieldMax META Option Income Strategy ETF (FBY) provides investors with a high yield by focusing solely on Meta Platforms (META). However, the fund's returns are closely linked to Meta's stock performance and volatility, which poses risks. Meta's ...
