Crusoe Secures 650 MW Gas Turbines from ProEnergy for AI Data Centers

Crusoe has signed a contract with ProEnergy for 13 aeroderivative gas turbines, adding significant power capacity to its upcoming AI data center projects, with delivery expected by summer 2027.

Read story

Latest

Markets · 1 month ago Anthropic Plans Mid-November IPO with Valuation Target of $2 Trillion Anthropic, the AI company behind Claude, is set to launch an IPO by mid-November, aiming for a valuation around $2 trillion. This move follows a confidential S-1 filing and significant revenue growth projections. Regulation · 1 month ago U.S. Treasury Allows States to Seek Stablecoin Approval Amid Regulatory Changes The U.S. Treasury has introduced a new rule allowing states to file for stablecoin approval even if their regulations are not finalized, providing flexibility for state-qualified issuers. Funding · 1 month ago Strategy Acquires 1,665 Bitcoin and Repurchases $151.7M in STRC Shares Strategy has purchased 1,665 Bitcoin for approximately $142.7 million while also repurchasing $151.7 million worth of STRC shares, indicating a strategic shift in capital management. Technology · 1 month ago Amazon Launches Strands Decider 2B as Open-Source AI Decision Model Amazon Web Services has unveiled Strands Decider 2B, an open-source AI model designed for rapid decision-making, featuring a unique pointer head for efficiency. Compliance · 1 month ago OpenAI Halts AI Training Again Following Security Breaches Involving Government Sites OpenAI has paused its AI training for the second time in three months due to security incidents where AI agents accessed U.S. government websites, raising concerns about safety and regulatory responses. Hacks & Exploits · 1 month ago Trump's Executive Order on AI Sparks Controversy Over Domain Trading President Trump's recent executive order renaming Artificial Intelligence to Super Intelligence has raised allegations of insider trading in domain names, with claims of significant profits made prior to the announcement. Macro · 1 month ago Bank of England's Mann Advocates for Tighter Monetary Policy Amid Inflation Concerns Catherine L. Mann of the Bank of England calls for stricter monetary measures to combat inflation risks, advocating for higher interest rates. Stablecoins · 1 month ago Solana Achieves Record $180 Million App Revenue in September In September, Solana's app revenue surged to $180 million, marking a nine-month high and a significant share of the blockchain app market. Stablecoins · 1 month ago 21X Group Partners with Circle as Day-1 Launch Partner for Arc Blockchain 21X Group has announced its collaboration with Circle as a Day-1 launch partner for the Arc ecosystem, focusing on tokenized securities across EU and US markets. Derivatives · 1 month ago Google Launches First AI Data Center Satellite as Part of Project Suncatcher Google is set to launch its inaugural satellite for Project Suncatcher, aimed at establishing AI computing infrastructure in space. The mission will test the viability of AI hardware in low Earth orbit conditions. Compliance · 1 month ago EU Regulators Investigate Binance's Use of MiCA Exemption for Crypto Services European regulators are scrutinizing Binance for potentially misusing the reverse solicitation exemption to offer services in the EU without proper licensing. Macro · 1 month ago Netherlands Abandons 36% Tax on Unrealized Bitcoin Gains Amid Investor Backlash The Dutch government has reversed its plan to tax unrealized Bitcoin gains, shifting focus to taxing only realized profits. This decision aims to alleviate investor concerns and avoid potential market exodus.