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Crusoe confirmed it sold an incomplete data center development in southeastern Wyoming to Google, after Google had reportedly raised concerns about cost and timeline delays under Crusoe's management. The project, originally launched with Tallgrass and planned to scale to 10 gigawatts, will now be developed by Google, which has committed $17 billion to the campus without disclosing the purchase price.
Crusoe announced that Google has acquired its southeast Wyoming data center site, concluding Crusoe's pre-construction work including site selection, permitting, and power planning. The project, developed jointly with Tallgrass Energy, used a hybrid power approach combining fuel cells, grid power, and natural gas turbines, with plans for future carbon capture via Tallgrass's CO2 sequestration hub.
A YouTube video claiming to be authentic 360p footage from a CompUSA retail store in New York City in November 2000 has surfaced, showing aisles packed with CRT monitors, PCs and peripherals. The footage highlights a trio of Sony VAIO laptops, including what appears to be a VAIO C1 'PictureBook' subnotebook, alongside Compaq Presario desktops with iMac-inspired translucent faceplates.
A panel of tech executives discussing AI and data centers at Climate Week in New York was repeatedly interrupted by activists from Extinction Rebellion NYC, who took turns standing up to shout about the environmental harms of AI and fossil-fuel-powered infrastructure before being removed by security. Crusoe cofounder Cully Cavness, one of the panelists, later told the moderator he was still rattled by the disruption minutes afterward.
Crusoe has ended its agreement to buy 29 of Boom Supersonic's 42-megawatt Superpower gas turbines, a deal worth $1.25 billion with deliveries originally set to start in 2027. Boom CEO Blake Scholl confirmed the split on X, saying turbines are no longer part of Crusoe's near-term power plans for sites like its Abilene, Texas campus. Crusoe confirmed to TechCrunch it is no longer working with Boom.
Crusoe, the AI infrastructure firm behind Oracle's giant Abilene, Texas campus, has closed a $3.9 billion funding round led by Atreides Management, Valor Equity Partners and Mubadala, pushing its valuation to roughly $30.9 billion. The company is using the capital to expand into smaller, factory-built facilities called Spark, designed for AI inference rather than massive training clusters.
Crusoe, the data center developer behind OpenAI's Abilene, Texas site, closed a $3.9 billion Series F funding round led by Atreides Management, Mubadala Capital, and Valor Equity Partners, valuing the company at $30.9 billion. The funds will support both large-scale data center builds and Crusoe's new modular 'Spark' AI factories, which can be manufactured off-site and deployed quickly. The company also added three board members, including Redwood Materials CEO JB Straubel and Cloudflare CFO Thomas Seifert.
Bain Capital Ventures has closed a new $1.6 billion fund, up 14% from its prior $1.4 billion vehicle raised three years ago. The firm plans to deploy the capital mainly into AI-focused startups, targeting infrastructure, healthcare, physical AI, and security as key sectors it believes will define what it calls the 'post-AGI era'.
Crusoe, the company behind construction of one of OpenAI's largest data center projects, has closed a $3.9 billion funding round valuing it at nearly $31 billion. The company is now expanding into factory-built, smaller-scale data centers alongside its large infrastructure work.
Data center developer Crusoe has secured a new $3 billion funding round valuing the company at $30 billion, according to Bloomberg. Atreides Management and Valor Equity Partners co-led the deal, with Mubadala Capital, part of Abu Dhabi's sovereign wealth fund, also participating.