Ai Boom

Snorkel AI • Series E

Snorkel AI raised a $350 million Series E, tripling its valuation to $3.5 billion, to fuel its data-as-a-service approach. The seven-year-old startup is benefiting from booming demand for AI training data.

Crusoe has abandoned its $1.25B plan to use Boom Supersonic's stationary power plants at its AI data centers. Boom CEO Blake Scholl said the turbines were no longer in Crusoe's near-term plans.

Infrastructure • TechCrunch AI