Sources: AMD agrees to backstop a $300M loan from Goldman Sachs for Crusoe to buy AMD's AI chips, the first known example of AMD chips used as debt collateral
Sources: AMD agrees to backstop a $300M loan from Goldman Sachs for Crusoe to buy AMD AI chips, the first known case of AMD chips used as debt collateral
Chipmaker AMD is pursuing the same growth-driving strategy that has boosted sales at rival Nvidia: lending its financial support to upstart cloud providers buying its chips.
Data center startup Crusoe raised $1.4B led by Mubadala and Valor, more than tripling its valuation to $10B+ in one year and taking its total funding to $3.9B
Infrastructure provider to OpenAI triples its valuation to $10bn in a year — Data centre start-up Crusoe has raised $1.4bn …
SemiAnalysis launches InferenceMAX, an open-source benchmark that automatically tracks LLM inference performance across AI models and frameworks every night
vendor-neutral suite runs nightly and tracks performance changes over time Tae Kim / Barron's Online : Nvidia Touts Software Advantage in Beating Rivals Like AMD Dion Harris / NVIDIA : NVIDIA Blackwel...
AI infrastructure company Crusoe acquires Israeli startup Atero, whose tech optimizes GPUs for AI workloads, in a cash and stock deal estimated at ~$150M
The US AI infrastructure company is acquiring the GPU management firm in a cash-and-stock deal. 25 Atero employees will become the company's development center in Israel.
Battery recycler Redwood Materials and Project Stargate member Crusoe launch a 2,000-GPU data center in Nevada powered by repurposed EV batteries
It's the world largest deployment of batteries on their second life and shows the lengths cloud operators are going to find power.
Cloud computing startup Crusoe plans to buy ~$400M worth of AI chips from AMD to rent to customers for its US data center that will come online by fall
Max A. Cherney / Reuters :
AI startup Crusoe secures $11.6B in debt and equity to expand a Texas data center it is building for OpenAI, set to open in 2026 and host up to 400K Nvidia GPUs
The eight-building Texas project is a central piece of OpenAI's efforts to reduce its reliance on Microsoft for computing power
Inside the first Stargate AI data center, in Abilene, Texas: thousands working to build eight near-identical structures, startup Crusoe spending ~$12B, and more
OpenAI, Oracle and SoftBank hope that the site in Texas is the first of many across the US. — Trucks carrying concrete …
Crusoe, a startup helping build the first data center for Stargate, says it secured a deal with a gas turbine owner to generate 4.5 gigawatts of energy by 2027
Anissa Gardizy / The Information :