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Align the future of computing with the future of the climate

HOLDING
HOLDINGS
Crusoe AI
Since
Closing
TYPE
Investment - SPV
Category
Energy
website
www.crusoe.ai

Crusoe AI was founded by Chase Lochmiller and Cully Cavness. They began by repurposing natural gas to power modular data centers for crypto mining. This “repurposing” which they coined, Digital Flare Mitigation (DFM®), was a solution that not only generated low-cost power on-site but also significantly reduced methane emissions by destroying ~99.9% of methane. In early ‘23, seeing the skyrocketing demand for GPU compute, Crusoe seized the opportunity to pivot from crypto to AI. Leveraging its experience running large-scale GPU fleets on remote power, Crusoe launched Crusoe Cloud, an AI-focused cloud platform offering on-demand GPU infrastructure powered by stranded and renewable energy. This opportunistic shift quickly turned Crusoe into one of the fastest-growing AI cloud provider. Today, Crusoe brands itself as “the industry’s first vertically integrated, energy-first AI infrastructure provider,” operating a sustainable GPU cloud that converts wasted or stranded energy into computational power

Crusoe AI
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Crusoe AI