Crusoe Energy Systems has secured a $3.4 billion joint venture (JV) with Blue Owl Capital and Primary Digital Infrastructure to develop a 200-megawatt AI data center in Texas.
The facility, located at the Lancium Clean Campus in Abilene, will cater to the growing demand for AI computing, housing up to 100,000 GPUs to support high-density workloads.
Crusoe’s pivot from Bitcoin mining to AI infrastructure marks a significant shift in its operational strategy, as it aims to harness renewable energy sources, including wind and potential on-site solar.
The 206 MW facility will incorporate cutting-edge cooling technologies like direct-to-chip liquid cooling, designed for high-performance AI applications.
The site, expected to be operational by the first half of 2025, will support OpenAI’s computing needs through a lease agreement with Oracle. Microsoft, acting as a middleman, reinforces its role as OpenAI’s exclusive cloud provider, ensuring substantial support for generative AI.
This development aligns with Blue Owl’s continued investment in digital infrastructure, having already formed partnerships in other major projects, such as a $5 billion AI data center initiative with CoreWeave.
The collaboration emphasizes the growing importance of AI-related technology and hyperscale data centers as a key market for future growth.
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