Crusoe sells troubled Wyoming data center project to Google

Why it matters

Crusoe, a Denver-based data center developer, has confirmed selling an unfinished project in southeastern Wyoming to Google, which had previously declined to become a customer there and had reportedly questioned the project's cost and construction pace under Crusoe. Crusoe originally launched the effort with Blackstone-backed infrastructure firm Tallgrass, aiming for a campus of enormous scale. Google did not reveal what it paid, but it intends to invest heavily in developing the site. The episode illustrates the pressures independent data center developers face when trying to deliver huge projects on schedule and on budget, amid equipment and power constraints plus local opposition. The sale was first reported by Bloomberg. Notably, the relationship is not over: Crusoe is still building a data center for Google near Amarillo, Texas. Crusoe's broader business involves leasing space to customers supplying their own GPUs, renting GPUs, and selling inference compute, with major AI industry players among its customers. The Wyoming setback did not prevent Crusoe from raising a substantial funding round afterward.