AI Summary
Crusoe, a Denver-based AI data center startup, has terminated its $1.25 billion agreement with Boom Supersonic to use their Superpower turbines. The decision comes as Crusoe shifts its energy strategy, focusing on various power sources for its expanding data center operations.
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- Crusoe, which raised $3.9 billion, has decided not to proceed with a partnership with Boom Supersonic for stationary power plants.
- The agreement involved purchasing 29 Superpower turbines, with initial deliveries expected in 2027.
- Boom Supersonic's CEO confirmed the partnership's cancellation, stating that Crusoe's current energy needs do not align with the turbine launch.
- Crusoe's spokesperson indicated that the company is exploring diverse energy solutions, including wind, solar, and batteries, for its data centers.
- The Abilene data center, built for Oracle and OpenAI, primarily relies on grid power, with gas turbines used only for backup.
- Boom Supersonic is still targeting other customers for its turbines and aims to deliver 250MW next year, with a goal of 1GW by 2028.
- The loss of Crusoe as a launch customer may impact Boom's plans to fund its supersonic jet development through profits from the turbine business.
data centersinvestmentpower plantstechnologybusiness strategy