Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

UNBELIEVABLE: Crusoe - Caught on Camera

AI startup Crusoe valued at $30 billion after new funding

Separately, ‌the startup has signed a five-year cloud contract with trading firm Jane Street Group valued ⁠at around $13 billion, Bloomberg News reported on Thursday, citing sources.

The Economic Times

While data centers boom in Texas, their plans stay shrouded in secrecy

Data center developers can use nondisclosure agreements and shell companies to shield the details of their deals from the public. Even state officials also say they need more transparency from the industry.

The Texas Tribune

AI data center startup Crusoe in talks to raise $3 billion funding: report

The startup has contracts to supply AI computing power ‌for the ⁠likes ⁠of Meta and Oracle, the report said, as technology giants spend billions of dollars on data centers to meet the massive computing requirements for GenAI.

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Meta signs new AI computing deals with data center firm Crusoe: Report

Meta is under contract to buy computing capacity from Crusoe at two data centers, which are ⁠located in ‌Childress, Texas, and Warrenton, Missouri, according to the report.

The Economic Times

Crusoe claimed it “paused” a plan to build a Wyoming data center after it failed to win customers including Google

The company was pressured to pause development by Google

TechRadar

Google to tap into gas plant for AI datacenter in sharp turn from climate goals

Texas power plant would emit 4.5m tons of carbon dioxide per year, more than that of the entire city of San Francisco

The Guardian - US

Oracle hits back at Stargate data center cancellation reports — claims 4.5GW Oracle-OpenAI agreement still on track

In a statement posted to X today, Oracle said it and developer Crusoe are “operating in lockstep” to deliver one of the world’s largest AI data centers at the Abilene campus.

Tom’s Hardware

Read news from The Economist, FT, and more,
with one subscription

OpenAI's massive Stargate data center canceled as firm can't reach terms with Oracle, operator struggles with reliability issues — Meta said to be interested in snatching excess capacity

Financing terms and swinging OpenAI capacity forecast collapse a major expansion of a Stargate data center. Yet, Meta could take the yet-to-be-expanded space.

Tom’s Hardware

AMD's AI chips to be used as debt collateral in $300 million loan, report says — Cloud startup to use chips in Ohio datacenter

AMD's chips will be used as debt collateral in a $300 million loan to cloud startup Crusoe with financing from Goldman Sachs.

Tom’s Hardware

Data centers in spaaaaace - space tech firms want to take Nvidia H100 GPUs into orbit to power the next generation of compute

Starcloud and Crusoe are launching Nvidia GPUs into orbit to build solar-powered data centers aimed at cutting AI energy costs.

TechRadar

Nvidia's H100 GPUs are going to space — Crusoe and Starcloud pioneer space-based solar-powered AI compute cloud data centers

The first Nvidia H100 GPUs are heading into space next month, in Starcloud satellites that will power the Crusoe Cloud.

Tom’s Hardware

An Enormous Data Center In Wyoming Will Consume 5x More Power Than The State's People. The Owner Remains A Mystery

A massive new artificial intelligence data center is coming to Wyoming, and it's so big that it will eventually use five times more electricity than all the homes in the state combined, according to the mayor of the state’s largest city.

Benzinga

Power usage in Wyoming AI data center could eclipse consumption of the state's human residents by 5x — tenant of colossal investment remains a mystery

Plans are afoot to create a massive new data center in Cheyenne, Wyoming, with power demands many multiples of the state's population.

Tom’s Hardware

Cheyenne to host massive AI data center using more electricity than all Wyoming homes combined

A massive AI data center proposed near Cheyenne, Wyoming, would use more electricity than all homes in the state combined

The Independent UK

Get all your
news in one place.

100's of premium titles.
One news app.

Tom’s Hardware

OpenAI follows Elon Musk’s lead — gas turbines to be deployed at its first Stargate site for additional power

Each gas turbine delivers 34MW, with the 29 units delivering almost 1GW.

Benzinga

AI Arms Race Heats Up As Startups Borrow Billions To Buy Nvidia GPUs

Amid rising infrastructure demands, AI startups like Crusoe Energy Systems are tapping large-scale credit lines, PitchBook reported. Crusoe last month raised a $750 million credit facility from Brookfield Asset Management (NYSE:BAM) to expand its data centers and acquire more graphics processing units from Nvidia Corp. (NASDAQ:NVDA).

Chronicle Live

Three youths taken to hospital after 'unknown substance' thrown in their faces on Longsands Beach

One of the youths suffered an injury to his eye after being kicked in the head

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations