Skip to main content

Share story

Infrastructure Products

Crusoe drops $1.25 billion Boom turbine plan for AI data centers

Crusoe drops $1.25 billion Boom turbine plan for AI data centers Image: Primary
Crusoe has ended its plan to buy 29 gas turbines from Boom Supersonic for $1.25 billion, removing Boom's launch customer for its stationary power business. Boom chief executive Blake Scholl disclosed the change, and Crusoe confirmed that the companies are no longer doing business together. Scholl said turbines are no longer part of Crusoe's near-term primary power mix at its Abilene projects. The companies had expected the first deliveries in 2027. Crusoe says it will choose power sources for each site as its needs change; its initial 1.2-gigawatt Abilene data center uses grid power, with a gas-turbine plant for backup.
Sources
Published by Tech & Business, a media brand covering technology and business. This story was sourced from TechCrunch and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Capital
Capital

Redalpine closes €222.53 million fund for European startups

Swiss venture capital firm redalpine announced the final close of its Capital VIII fund at €222.53 million ($250 million), targeting approximately 20 early-stage companies across Europe. New investors include Aviva Investors, Flexstone Partners and KfW.

Infrastructure Policy
Infrastructure Policy

Thailand imposes noise, heat and water rules on data centers

Thailand has imposed new rules governing noise, heat and water at data centers, Bloomberg reported. The environmental restrictions apply to an industry expanding rapidly as investment in artificial intelligence fuels a boom in data center development.

Capital Products
Capital Products

Numina raises €1.1 million to expand free accounting platform

Copenhagen-based Numina has raised €1.1 million in pre-Seed funding to support international expansion and further development of its accounting platform, EU-Startups reported. Participants include Nebular, Emblem and Founders A/S.

AI Capital
AI Capital

GeniosAI raises $19.1 million across seed and Series A rounds

GeniosAI has raised $19.1 million in combined seed and Series A funding, CEO PD Singh told Axios. The company develops AI software for financial analysis and modeling. FactSet led the Series A portion of the financing.