This $30.9 billion AI startup sells its unfinished data center: The wider industry impact

This $30.9 billion AI startup sells its unfinished data center: The wider industry impact

​This $30.9 billion AI startup sells its unfinished data center to Google, the company that once said no to it

Crusoe, the Denver-based AI infrastructure developer, confirmed the sale on Friday, a day after Google announced a $17 billion investment to build its first data center campus in the state. The plan was to eventually scale it to 10 gigawatts of power capacity. Crusoe first announced the Wyoming campus last year with Tallgrass, the Blackstone-backed energy infrastructure firm.

Google has bought Crusoe’s unfinished data center project in southeastern Wyoming, taking direct control of a site it had earlier declined to sign on to as a customer.

That site connects directly to two neighbouring wind farms of 265.5 MW each, one running and one still under construction. In September, the company confirmed it is developing Google’s campus in Armstrong County, outside Amarillo, Texas.

Crusoe said the sale wraps up its pre-development role on the project, which covered site selection, government approvals and the campus power strategy. Neither company has disclosed what Google paid. Google will now build the facility with Tallgrass Energy, Black Hills Energy, American Electric Power and Related Digital. It did not play out that way. Crusoe tried to bring Google in as a customer for the site and failed. Google reportedly raised concerns about the project’s cost and construction timeline under Crusoe’s management, and reports of a sale first surfaced in June. The Wyoming exit does not end Crusoe’s work with Google. It also uses closed-loop liquid cooling, which keeps water use largely to kitchens and other domestic needs.

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