company
Crusoe is an energy and cloud infrastructure company that builds data centers and power plants, often fueled by flared gas, for AI and crypto computing.
No evidence-backed relationships are recorded.
Kazakhstan's July decree lets oil producers supply flared-gas power to crypto miners, as Crusoe did before assembling 10 gigawatts of AI projects. Crusoe sold those flare operations to NYDIG, so AI demand in Kazakhstan more likely lands on new grid capacity.
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Crusoe confirmed on September 28 that Google is the end user of its Goodnight campus near Amarillo, a site wired to two 265.5MW wind farms. The deal takes Crusoe's power-first model past Abilene, with the same customer whose request halted a 2.7GW Crusoe build in Wyoming in June.
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Crusoe's Series F values the Denver data centre builder at $30.9bn and pays for capacity customers have already contracted. One gigawatt is running, and the company now makes its own circuit breakers and industrial controls.
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NVIDIA's open source Topograph discovers cluster topology from five named clouds or from ibnetdiscover on-premises, then republishes it as node labels, Slurm config or Slinky ConfigMaps whenever a watched part of the cluster changes.
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Atreides Management, Mubadala Capital and Valor Equity Partners co-led an initial close of $3.9 billion at a $30.9 billion post-money valuation. One of Crusoe's six contracted gigawatts is running today.
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The five-year deal reported by Bloomberg takes Jane Street's rented GPU commitments to about $19 billion across two vendors, at a firm that already runs its own GPUs in Texas and owns equity in one landlord.
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The Series F closed at a $30.9bn post-money valuation on one operating gigawatt and $140bn of contracted value spread across six. Turning the other five gigawatts into cash is what the new money bought.
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CoinShares marks stabilised data centre capacity at $27m a megawatt and energised mining capacity at $3m, and the conversion cost in between explains why Core Scientific, Keel, Cipher and IREN are walking away from hashrate.
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A Form D filed on September 18 shows one investor and $1.5 million sold out of $6 million. At the $0.04 per kilowatt-hour SovAI advertises, one 100-megawatt site would invoice about $35 million of electricity a year.
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Nscale's registration statement pairs $140.6 million of first-half revenue with a $1.02 billion net loss, and says the company holds no binding commitments for the financing its four Anthropic agreements oblige it to seek.
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Newcomer reports Middle East oil exports are down by half or more, with only Qatar pulling back from AI so far. Rising rates and talk of armouring data centres raise the cost of what is still being built.
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The reported collateral is Google's proprietary processors plus contracts with customers Crux has not named. A lender's recovery case therefore rests on someone else wanting TPU capacity outside Google Cloud.
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Two compute landlords raised $4.5bn between them while cloud security, protein bars, payroll software and robot silicon split under $900m, and the second-biggest cheque came from a trading firm rather than a venture fund.
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CoreWeave has disclosed $5.1bn of equipment financing and Nebius says debt plus one customer contract covers more than 100% of a deployment's capex, which turns an enterprise compute order into a credit judgement.
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The capacity line carries no date and no named owner, so it cannot go into anyone's plan. The number an evaluation team can use is the 37.2 points between Astra's score in OpenAI's harness and its score in ARC Prize's.
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The deal is the largest slice of more than $33bn Microsoft has committed to specialist GPU clouds. It leaves the fleet, the debt behind it and the 18-month depreciation clock on someone else's balance sheet.
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The Wharton model works backwards from the spending to find the productivity gain that would justify it. The answer is 2.7 times per boom, and its authors say the five firms making that bet face solvency risk if it misses.
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Two sources tell CNBC the chipmaker is introducing Nordic data-center operators to firms holding its GPUs. That puts the supplier inside the siting decision.
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Blue Energy and GE Vernova Hitachi will burn gas in Victoria, Texas from 2030 and start SMRs in 2032. The two-year gap is the part worth reading closely.
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A Morgan Hill factory will not ship at volume until late 2027, and the company's 40GW headline already discounts its own nameplate rating by a fifth.
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Product · August 15, 2026 · 1 publisher