Clal Insurance’s Crusoe Investment Reportedly Totals $50 Million

Clal Insurance’s investment arm reportedly invested about $50 million in Crusoe, a U.S. company providing cloud services and artificial-intelligence infrastructure. The amount of Clal’s individual investment was reported on Monday, October 26. Clal participated in a $3.9 billion financing round that brought together major international investors. The investment adds to the Israeli insurer’s exposure to cloud infrastructure, alongside its earlier server-farm investments in Israel and the United States.