Crusoe Touts Contracted AI Infrastructure Capacity Nears 5 GW

Crusoe said Tuesday it has contracted 4.9 gigawatts of AI infrastructure across its data center projects and cloud platform, marking one of the latest signs of accelerating demand for large-scale compute capacity from hyperscalers and AI companies.

The Denver-based company said its total development pipeline, including contracted projects, sites under active tenant negotiation and sites in advanced development, now exceeds 40 GW. The contracted capacity spans five AI data center campuses in the U.S. as well as capacity for Crusoe Cloud, the company’s AI cloud platform.

Crusoe said its contracted data center portfolio includes its flagship 1.2 GW campus in Abilene, Texas, which is purpose-built for Oracle. The company said the first two buildings at the site are operational and another six buildings are under construction. Crusoe also recently broke ground on a second 900 MW Abilene campus for Microsoft, bringing the company’s Abilene footprint to more than 2 GW.

The company said it is also contracted to build two additional large-scale campuses in Texas and a fifth campus in Missouri, with each project in various stages of site work and construction. Crusoe said each campus is paired with its own dedicated power strategy, tailored to the energy resources and requirements of the site.

Crusoe has positioned itself as a vertically integrated AI infrastructure provider, combining data center development, power procurement, electrical equipment manufacturing and cloud services. The company said it manufactures long-lead electrical components at facilities in Colorado, Oklahoma and Louisiana, allowing it to prefabricate equipment before shipment to project sites.

That model reflects a broader shift in the data center market as power availability becomes a central constraint for AI deployments. Developers are increasingly trying to compress the timeline between power procurement, equipment delivery and construction, rather than treating those steps as sequential parts of a traditional development process.

Crusoe said its power strategy includes natural gas, renewables, batteries, grid interconnection and partnerships with energy infrastructure companies. The approach is aimed at developing AI campuses in locations and at scales that would otherwise be difficult to support through conventional grid connections alone.

“The demand from the world’s leading technology companies for AI infrastructure — quickly and at scale — has never been greater,” Chief Executive Officer Chase Lochmiller said in the statement.

The company did not disclose financial terms for the contracted capacity.