Mining company Crusoe Energy Systems, together with technology firm Lancium, announced a multibillion-dollar deal to build a 200 MW data center for AI. CNBC writes about this.
According to the TV channel, the company will be created near the city of Abilene in Texas. It is designed to "meet the unique needs of AI companies." An example is the provision of cloud computing for medical research and aircraft design.
In the future, it is planned to expand the project to a capacity of 1.2 GW. Lancium President Ali Fenn told CNBC that it will be one of the world's largest data centers for neural networks.
"Data centers are rapidly evolving to support modern AI workloads. They require increased density of equipment placement, liquid cooling of chips and unprecedented energy needs," said Crusoe CEO Chase Lohmiller.
The commissioning of the facility in Abilene is expected in 2025. It is planned to use mainly renewable energy sources.
As the growing artificial intelligence industry needs capacity, and miners are looking for new ways to make a profit after halving, partnerships between companies from both directions are becoming more frequent.
Earlier, Core Scientific signed a 12-year contract with the AI firm CoreWeave to provide infrastructure with a capacity of 200 MW for hosting Nvidia GPUs.
Hut 8 has entered into an agreement with a fund managed by Coatue Management, which invests $150 million in the firm through convertible bonds.
In July, Bernstein experts drew attention to the fact that miners are attractive partners in creating data centers for AI due to access to power sources and operational capabilities.
Recall that in June, Bitwise predicted global GDP growth of $20 trillion due to cryptocurrencies and AI.
In January 2021, the oil giant ExxonMobil, together with Crusoe, launched a pilot project to use flare gas to power bitcoin mining.