Reported 2 days ago
AI startup Crusoe has successfully raised $11.6 billion to expand its data center in Abilene, Texas, increasing the number of buildings from two to eight, bringing the total funding to $15 billion. Originally founded as a cryptocurrency company, Crusoe has shifted to AI infrastructure, receiving backing from Oracle for the construction and aiming to support OpenAI's needs for advanced AI tasks. The Abilene center is set to be the largest facility used by OpenAI, featuring 50,000 Nvidia AI chip systems in each new building.
Source: YAHOO