Crusoe
Energy-first AI builder: from flare-gas computing to constructing Stargate Abilene.
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Crusoe began powering compute with stranded flare gas, sold its bitcoin business, and became the developer building the Stargate Abilene campus for Oracle and OpenAI while running its own AI cloud. Late-2025 funding valued it around $10B (reported) — the archetype of the energy-plus-compute company.
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Record reviewed as of 2026-01-15 — see Methodology.