Crusoe

Crusoe Announces Data Center Expansion with atNorth in Iceland

Retrieved on: 
Thursday, December 14, 2023
Cloud, Carbon, Acquisition, Entrepreneurship, Natural Resources, Climate, Traction, Michael Nobel Energy Award, Machine learning, HPC, Partnership, Data center, News, Renewable energy, Crusoe

REYKJAVIK, Iceland and DENVER, Dec. 14, 2023 /PRNewswire/ -- atNorth, a leading Nordic colocation, high-performance computing, and artificial intelligence service provider announced today a new collaboration with Crusoe Energy Systems LLC ("Crusoe") to colocate Crusoe Cloud GPUs in atNorth's ICE02 data center in Iceland. This is Crusoe's first project in Europe and the arrangement advances Crusoe's mission to align the future of computing with the future of the climate by powering Crusoe's high-performance computing infrastructure with clean energy sources.

Key Points: 
  • REYKJAVIK, Iceland and DENVER, Dec. 14, 2023 /PRNewswire/ -- atNorth , a leading Nordic colocation, high-performance computing, and artificial intelligence service provider announced today a new collaboration with Crusoe Energy Systems LLC ("Crusoe") to colocate Crusoe Cloud GPUs in atNorth's ICE02 data center in Iceland.
  • "It is very important to atNorth that we are collaborating with companies that share our approach to sustainability," said E. Magnús Kristinsson, CEO of atNorth .
  • The atNorth ICE02 site leverages more than 80MW of power benefiting from the sustainable geothermal and hydro energy produced in Iceland.
  • "AI and machine learning are driving the demand for data centers to grow at a record rate," said Chris Dolan, Crusoe's Chief Data Center Officer.

Companies Gaining Competitive Advantage Through Deploying Private AI Infrastructure at Equinix

Retrieved on: 
Wednesday, December 13, 2023
Cloud, EQIX, GPU, AAPS, Safety, Organization, Crusoe, IBM, Traction, Patient, NVIDIA GPU, Vision Zero, Research, Lambda, Death, Ecosystem, Tennis male players statistics, Advanced driver-assistance system, Continental AG, EVP, Graphics processing unit, NVIDIA, A100, Data center services, Natural gas, DGX, Deep learning, Diagnosis, Software, ADAS, IDC, AI, Knowledge, Juice, Medical device, Video game, Equinix

REDWOOD CITY, Calif., Dec. 13, 2023 /PRNewswire/ -- After working with customers on a variety of AI deployments over the past several years, Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, is gaining traction as a preferred location for deploying private AI infrastructure. Both enterprises and service providers are finding that Platform Equinix's cloud adjacency, global reach, robust ecosystems and low-latency interconnection to the world's networks are critical components in private AI infrastructure.

Key Points: 
  • Deploying private AI infrastructure at Equinix enables digital leaders to leverage public models while ensuring that an enterprise's most valuable business data does not enter the public domain.
  • Private AI offers risk protection while delivering the benefits of trained AI models, enabling businesses to realize the full potential of AI.
  • Enterprises are directly utilizing Equinix for deploying their private AI infrastructure, and service providers are utilizing Equinix to provide private AI services for their customers.
  • "These same needs propelled the widespread adoption of private cloud years ago and are now driving demand for private AI.

Crusoe Announces Significant Expansion of Cloud Business with New Capacity and $200M in New Financing

Retrieved on: 
Monday, October 23, 2023
Environment, Technology, Software, Green Technology, Networks, Internet, Hardware, Data Management, Artificial Intelligence, Cloud, Crusoe, LLM, InfiniBand, Entrepreneurship, Multimedia, Methane, NVIDIA, Deep learning super sampling, Partnership, GPU, AI, Graphics processing unit, Series, Renewable energy, Video game, Cryptocurrency

Crusoe Energy Systems LLC (“Crusoe”) announced today a significant expansion of its Cloud business.

Key Points: 
  • Crusoe Energy Systems LLC (“Crusoe”) announced today a significant expansion of its Cloud business.
  • This is a key moment for Crusoe as it works to make clean computing solutions available at scale in the burgeoning artificial intelligence space.
  • The most recent debt financing from Upper90 will allow Crusoe to continue rapid investment in the infrastructure needed to scale its AI cloud offering.
  • “Crusoe Cloud is a highly reliable and innovative computing platform that we built from the ground up.

Crusoe Builds Climate-Focused Cloud for Generative AI with HPE Supercomputers

Retrieved on: 
Tuesday, October 17, 2023
Data Management, Environment, Technology, Green Technology, Software, Artificial Intelligence, Hardware, Partnership, Climate, NVIDIA, NYSE, InfiniBand, AI, Organization, Deep learning super sampling, Carbon, Natural gas, HPC, Artificial intelligence, Entrepreneurship, Methane, HPE, Cray, Hewlett Packard Enterprise, Renewable energy, Crusoe

Hewlett Packard Enterprise (NYSE: HPE) today announced that its market-leading HPE Cray supercomputers were selected by Crusoe to power new cloud services, which are designed to drive sustainable computing for generative AI and other compute-intensive workloads.

Key Points: 
  • Hewlett Packard Enterprise (NYSE: HPE) today announced that its market-leading HPE Cray supercomputers were selected by Crusoe to power new cloud services, which are designed to drive sustainable computing for generative AI and other compute-intensive workloads.
  • Crusoe builds and operates modular data centers to provide ultra-high performance, specialized compute capacity to meet growing AI needs in a climate-aligned way.
  • Crusoe utilizes wasted, stranded or clean energy such as otherwise flared natural gas or stranded renewable energy, to power its data centers.
  • Through the new collaboration with HPE, Crusoe will leverage HPE Cray XD supercomputers, which are purpose-built to deliver the energy-efficient performance and scale required to effectively train and tune large-scale AI models.

Chris Dolan and Jamie McGrath Join Crusoe as Chief Data Center Officer and SVP of Data Center Operations

Retrieved on: 
Tuesday, September 26, 2023
Alternative Energy, Data Management, Energy, Sustainability, Technology, Finance, Fintech, Banking, Apps, Applications, Professional Services, Environment, Environmental Health, Artificial Intelligence, Software, Networks, Cryptocurrency, Cloud, Digital Realty, IPO, Intelligence, Consultant, Machine learning, Engineering, Chase, McGrath, Architecture, Growth, SVP, Equinix, Crusoe

Crusoe Energy Systems LLC (“Crusoe”) announced today that two data center industry leaders, Chris Dolan and Jamie McGrath, have joined the company.

Key Points: 
  • Crusoe Energy Systems LLC (“Crusoe”) announced today that two data center industry leaders, Chris Dolan and Jamie McGrath, have joined the company.
  • Chris Dolan has joined the company as Chief Data Center Officer and Jamie McGrath has joined the company as SVP of Data Center Operations.
  • They bring decades of experience and expertise building mission-critical data centers as the company continues to expand its Crusoe Cloud offering and data center operations.
  • As Crusoe’s Chief Data Center Officer, Dolan will be responsible for driving new data center development and commercial strategies, while McGrath will be responsible for data center engineering, construction and operations.

Crusoe Announces Deal with XCL Resources in Uinta Basin

Retrieved on: 
Wednesday, August 30, 2023
Data Management, Technology, Environmental Health, Other Energy, Other Technology, Green Technology, Artificial Intelligence, Environment, Energy, Hardware, Sustainability, DFM, Flare, Partnership, Electricity, XCL, Multimedia, Carbon, Global warming potential, Natural gas, Methane, Uinta Basin, Renewable energy, Crusoe

Crusoe Energy Systems LLC (“Crusoe”) announced today a new collaboration with XCL Resources, LLC (“XCL”) to deploy Crusoe’s patented Digital Flare Mitigation® (DFM) technology to XCL in Utah’s Uinta Basin.

Key Points: 
  • Crusoe Energy Systems LLC (“Crusoe”) announced today a new collaboration with XCL Resources, LLC (“XCL”) to deploy Crusoe’s patented Digital Flare Mitigation® (DFM) technology to XCL in Utah’s Uinta Basin.
  • Under the agreement with XCL, Crusoe will add 6 million standard cubic feet per day of DFM capacity.
  • The project is projected to bring 100+ jobs consisting of both short and long term construction and operational employment opportunities to the Uinta Basin.
  • “We’re excited to extend Crusoe’s positive environmental impact into the Uinta Basin, and to significantly expand our capacity to reduce methane emissions,” said Cully Cavness, Crusoe’s Co-Founder and President.

Sustainable Bitcoin Protocol Launches Waste Gas Methodology With New Pilot

Retrieved on: 
Thursday, April 27, 2023
Green Technology, Finance, Cryptocurrency, Environment, Professional Services, Bitcoin, SBP, Miner, Methane, Entrepreneurship, Electricity, SBCS, SBC, Natural gas, Global warming potential, Crusoe

Sustainable Bitcoin Protocol (SBP), a climate tech startup that is incentivizing the use of verified clean energy in bitcoin mining and bringing energy transparency to the sector, is excited to announce a new phase in their verification program–utilizing waste gas for bitcoin mining.

Key Points: 
  • Sustainable Bitcoin Protocol (SBP), a climate tech startup that is incentivizing the use of verified clean energy in bitcoin mining and bringing energy transparency to the sector, is excited to announce a new phase in their verification program–utilizing waste gas for bitcoin mining.
  • In an effort to test the new waste gas methodology in the field, SBP is launching a new pilot with Crusoe Energy (Crusoe).
  • "We are thrilled to engage with Crusoe Energy to test our waste gas methodology and continue to advance our efforts to bring clean energy data transparency to the forefront of bitcoin mining," said Brad van Voorhees, Co-Founder, and CEO of Sustainable Bitcoin Protocol.
  • The launch of our waste gas methodology pilot is a major step forward in our mission to promote the use of verified clean energy in bitcoin mining and build a more sustainable future for bitcoin and the Planet."

Crusoe Energy Systems, Alkane Midstream Agree to Resolve Lawsuit

Retrieved on: 
Tuesday, March 21, 2023
Environment, Technology, Other Energy, Oil, Gas, Sustainability, Green Technology, Energy, Mining, Minerals, Hardware, Natural Resources, Permian, Patent, Natural gas, Alkane, Crusoe

Crusoe Energy Systems LLC (Crusoe) and Alkane Midstream LLC (Alkane) announced today that they have agreed to resolve a lawsuit related to patent infringement.

Key Points: 
  • Crusoe Energy Systems LLC (Crusoe) and Alkane Midstream LLC (Alkane) announced today that they have agreed to resolve a lawsuit related to patent infringement.
  • Both parties have agreed to dismiss the lawsuit and enter into a mutually beneficial license agreement.
  • Denver-based Crusoe builds and operates Digital Flare Mitigation systems, a technology that converts otherwise stranded and flaring natural gas into on-site computation to reduce waste and emissions.
  • The initial lawsuit was filed in August 2022 with the Denver Division of Colorado’s Federal Court.

Lancium and Crusoe Energy Systems Announce Cross-Licensing of Intellectual Property

Retrieved on: 
Wednesday, October 26, 2022
Data Management, Utilities, Environment, Technology, Energy, Software, Environmental Health, DFM, LinkedIn, Efficiency, Electricity, Monte Carlo algorithm, YouTube, Control loading system, Intellectual property, Carbon, CLR, Twitter, Research, Entrepreneurship, High-throughput computing, Climate, Climate change, Flare, Dispatchable generation, Methane, Solution, Inc., Renewable energy, Crusoe, ERCOT

Lancium and Crusoe share a common vision of promoting decarbonization and improving the stability of electrical power grids, said Michael McNamara, Co-Founder and Chief Executive Officer of Lancium.

Key Points: 
  • Lancium and Crusoe share a common vision of promoting decarbonization and improving the stability of electrical power grids, said Michael McNamara, Co-Founder and Chief Executive Officer of Lancium.
  • Both Crusoe and Lancium have developed solutions to harness stranded and wasted energy resources to power advanced computing systems needed to drive our shared progress, said Crusoes Co-Founder and Chief Executive Officer, Chase Lochmiller.
  • Under the terms of the agreement, Lancium will make its patented intellectual property directed to the operation of rampable data centers as Controllable Load Resources (CLRs) available to Crusoe.
  • Crusoe is here to bring energy to ideas in ways that are aligned with the needs of our climate.

Crusoe Energy Systems Acquires Great American Mining

Retrieved on: 
Wednesday, October 12, 2022
Technology, Professional Services, Mining, Minerals, Cryptocurrency, Natural Resources, Other Energy, Utilities, Oil, Gas, Climate Change, Alternative Energy, Energy, Green Technology, Blockchain, Software, Internet, Environment, Data Management, DFM, Mining, GAM, Research, Technology, R, Acquisition, Industry, CO, Great American, CEO, Climate, Methane, Spanish American Mine, Oil, Renewable energy, Crusoe

Crusoe Energy Systems LLC (Crusoe) announced today that it has acquired the operating assets of Great American Mining (GAM).

Key Points: 
  • Crusoe Energy Systems LLC (Crusoe) announced today that it has acquired the operating assets of Great American Mining (GAM).
  • The acquisition integrates GAMs operations into Crusoes DFM systems to utilize stranded and wasted energy resources to power modular data centers and enable energy-intensive computation.
  • In April, Crusoe closed a $350 million Series C equity from notable climate and technology venture capital funds.
  • Crusoe is here to bring energy to ideas in ways that are aligned with the needs of our climate.