Startups & Business2 min
Data centre builder Crusoe sells its troubled Wyoming project to Google
Crusoe, a Denver-based data centre developer recently valued at $30.9 billion, confirmed it has sold an unfinished data centre project in southeastern Wyoming to Google. Google did not say what it paid, but it announced plans to invest $17 billion to develop the campus. Crusoe had tried and failed to sign Google as a customer for the site, and Google reportedly raised concerns about its cost and construction timeline. Crusoe is still building another data centre for Google near Amarillo, Texas.
Why it matters: It shows how hard it is to build huge AI data centres, even for well-funded startups.