Company planning 20MW facility despite ongoing moratorium on data centers in city

DigitalBridge-owned firm sells stake in campus to GLIL Infrastructure

Sources say campus could come online late 2027 or early 2028

Cryptomining at data centers ceased earlier this month

Yet to publish quantified targets for emissions reduction and resource use

Cerebras also selected to power CrowdStrike's AI security platform

Firm doubles previously stated data center investment

Umesh Padval, managing partner of Seligman Ventures, will also join the company’s board

Startup claims more than 120 chip companies have already deployed its platform

Says town unfairly rejected its proposal

Succeeds Eric Schwartz, who is stepping down after four years

Crusoe will deploy a Spark unit at the site, which will be powered by a small modular reactor

As AI data center investments get increasingly volatile

Buildings 3 and 4 each expected to cost $500m

Deal with Saudi Data Center Fund 1 would expand the country’s data center capacity by another 48MW

The complex at Großkrotzenburg will also host a new power plant and battery energy storage system

Form JV to develop data center

Will supply data centers behind-the-meter

Company says its memory business set “an all-time high for quarterly revenue and operating profit” in Q2

Despite chip designer's bullish outlook, total revenue for Q1 2027 was down on the last quarter

Up to 2GW of natural gas generation is planned for the site

Company releases Q4 and full-year financial results

Has now raised $4bn, the most of any fusion company

Details of project murky