“You’re talking about building all of the data center capacity that we’ve built over the last decades—you’re talking about building all that infrastructure in a single location for a single customer in a short period of time,” Lochmiller said.
Crusoe, which started as a cryptocurrency mining business, is looking to differentiate from Microsoft, Google, and AWS with facilities built specifically for AI model training, which have intense power needs and can be located far from population centers.
Lochmiller argued that his company had “a massive advantage to just be focused on that use case and not be worried about having to support all the cloud computing applications and workflows that are embedded in a platform like AWS.”