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Crusoe guarantees $ 11.6 billion to build a Gigawatt Abilene, Texas Data Center in Openai, part of the $ 500 billion Stargate project.
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Oracle signed a 15 -year lease to anchor the Abilene data center.
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The evolution of crusoe of cryptographic gas platforms with supercents has cooled by liquid captures the arch of new generation computer science.
The infrastructure startup Ai Crusoe Energy Systems obtained $ 11.6 billion in financing commitments to build a massive data center in Abilene, Texas, designed to meet the expansion of Openai expansion needs. The new financing round, supported by the active active platform by Blue Owl Capital and the primary digital infrastructure, brings the total capital raised for the $ 15 billion project, reported the Wall Street Journal.
According to Crusoe, the installation marks a critical step in the OpenAi infrastructure strategy. Initially planned as a campus with two constructions, the project now extends to eight buildings. It should offer 1.2 gigawatts of electrical capacity, making it one of the largest IA training centers in the world.
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According to the company, the construction began last June, the first two buildings – totaling 200 megawatts – planned to be under tension in the first half of this year. A second phase, launched in March, will add six other buildings and should be completed in mid-201.
Expansion comes in the middle of an increasing demand for calculation capacity because OpenAi develops increasingly advanced artificial intelligence models. Oracle Corp. (NYSE: Orcl) signed a 15 -year lease to occupy an important part of the Abilene campus, according to the newspaper.
While Microsoft Corp. (NASDAQ: MSFT) remains the largest OPENAI investor and retains the license duties for the programming interface of exclusive applications, its role in the Abilene project is limited to that of a technological partner, without direct involvement of shares. Openai has more and more sought to diversify its infrastructure partnerships, invoking concerns about Microsoft’s ability to evolve fairly quickly to meet its calculation needs, the newspaper reported.
Meanwhile, JPMorgan Chase & Co. (NYSE: JPM) has engaged more than $ 7 billion in the data center project, based on a previous investment of $ 2.3 billion, according to information.
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The Abilene project is part of “Project Stargate”, a global IA infrastructure initiative of $ 500 billion launched in January by Openai, Oracle, Softbank and MGX based in the United Arab Emirates, Forbes reported. The project aims to build a large network of AI data centers over the next four years to support the rapid development of models and increase the American leadership of artificial intelligence.
According to Crusoe, the buildings planned in Abilene are designed for industry -scale performance, each capable of operating up to 50,000 GB 200 NVL72 of Nvidia Corp chips. (Nasdaq: NVDA) on a unified network fabric.
Beyond the scale, the Abilene campus is also a model of infrastructure of AI concerned with energy. It incorporates the cooling of liquids directly to smart to manage thermal charges and partners with the Clean Campus de Lancium program to integrate renewable energy sources, said Crusoe. Crusoe expects the project to create more than 5,000 jobs and generate more than a billion dollars in local economic impact over the next two decades.
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Founded in 2018, Crusoe, based in Denver, began as a company converting natural gas stranded into energy for crypto extraction. In recent years, he has repositioned himself as an integrated IA infrastructure provider vertically, with an emphasis on durable and high density calculation environments, according to Crunchbase.
The company has raised $ 600 million in series financing of series, led by Founders Fund, with the participation of Fidelity and Nvidia, bringing its evaluation to $ 2.8 billion. The Abilene project represents the most ambitious Crusoe company to date and positions it at the center of the IA infrastructure race in rapid expansion.
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