‘Neocloud’ Crusoe to buy $400 million worth of AMD chips for AI data centers

June 13, 2025

, By The Economic Times

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ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/crusoe” target=”_blank”>Crusoe CEO Chase Lochmiller said on Thursday the artificial intelligence data center builder planned to purchase roughly $400 million worth of AI chips from Advanced Micro Devices to add to its portfolio of computing power.

The cloud computing startup is aiming to build a data center – or cluster – to house the AMD AI chips in the U.S. and will rent them to customers for building AI models and running applications. Crusoe plans to purchase roughly 13,000 MI355X chips and use a liquid cooling system.

The chips will be housed in a single facility that…

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‘Neocloud’ Crusoe to buy $400 million worth of AMD chips for AI data centers

June 13, 2025

, Published By The Economic Times

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/crusoe” target=”_blank”>Crusoe CEO Chase Lochmiller said on Thursday the artificial intelligence data center builder planned to purchase roughly $400 million worth of AI chips from Advanced Micro Devices to add to its portfolio of computing power.

The cloud computing startup is aiming to build a data center – or cluster – to house the AMD AI chips in the U.S. and will rent them to customers for building AI models and running applications. Crusoe plans to purchase roughly 13,000 MI355X chips and use a liquid cooling system.

The chips will be housed in a single facility that…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Tesla sues former employee for allegedly stealing trade secrets to launch rival startup

Next News

Call for Safer Packaging: Nutritionist Urges Swiggy and Zomato to Go Green, Zomato Responds

The Economic Times

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