FUNDING · STARTUPS · #1067
Crusoe scraps $1.25B deal to buy Boom Supersonic's Superpower turbines
Crusoe, a Denver-based AI data-center builder that recently raised $3.9 billion, has ended plans to buy 29 of Boom Supersonic's 42 MW Superpower turbines in a previously announced $1.25 billion launch-customer deal. Boom CEO Blake Scholl confirmed the partnership is not moving forward and Crusoe said turbines are not part of its near-term primary power mix, though Boom says other customers remain in its pipeline.
KEY POINTS
- Crusoe, a Denver-based AI data-center builder that recently raised $3.9 billion, has ended plans to buy 29 of Boom Supersonic's 42 MW Superpower turbines in a previously announced $1.25 billion launch-customer deal.
- Boom CEO Blake Scholl confirmed the partnership is not moving forward and Crusoe said turbines are not part of its near-term primary power mix, though Boom says other customers remain in its pipeline.
- The cancellation removes Boom's intended launch customer and could slow or complicate commercialization of its Superpower stationary turbines for powering AI data centers.
WHY IT MATTERS
The cancellation removes Boom's intended launch customer and could slow or complicate commercialization of its Superpower stationary turbines for powering AI data centers.