Intelligence, decoded

Crusoe's 5-Gigawatt Bet: Big Deals, One Pause, Same Problem

As AI keeps consuming electricity like there's no tomorrow, someone's actually building the digital cathedrals to feed it. Crusoe just announced it's locked in nearly 5 gigawatts' worth of data center contracts — that's basically enough capacity to power a small nation's worth of AI servers — but there's a wrinkle that screams louder than the headline: its flagship Wyoming project is on hold.