At the Bloomberg Invest conference in Dallas, Crusoe CEO Chase Lochmiller said the recent selloff in neoclouds was exaggerated, noted competitor CoreWeave is in a good position, and said Crusoe still sees overwhelming AI compute demand that is both deep and broad.
Boom Supersonic CEO Blake Scholl said on X that Crusoe is no longer moving forward with the launch partnership for Superpower turbines, and Crusoe confirmed to TechCrunch that it is no longer doing business with Boom. The collaboration had called for Crusoe to spend $1.25 billion on 29 42-megawatt turbines, with initial deliveries in 2027. Scholl said Boom will deliver about 250MW to other sites in 2027, targeting 1GW in 2028.
Crusoe announced the appointment of three new board members: Thomas Seifert, CFO of Cloudflare; Bill Stein, partner and CIO at Primary Digital Infrastructure; and JB Straubel, founder and CEO of Redwood Materials and a Tesla board member.