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Meta Reportedly Taps Crusoe for About 1.6 GW of AI Compute

The reported agreements would lock massive AI power capacity to back Meta’s $600 billion U.S. infrastructure pledge.

People walk behind a logo of Meta Platforms company, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas

Overview

  • Bloomberg reported the deals, which Reuters relayed on Thursday, say Meta has contracts with Crusoe for compute at two U.S. sites in Childress, Texas, and Warrenton, Missouri.
  • The two facilities are said to provide roughly 1.6 gigawatts of combined capacity, a scale comparable to powering hundreds of thousands of homes.
  • Neither Meta nor Crusoe has publicly confirmed the report and Reuters could not independently verify the details, leaving price and delivery timing undisclosed.
  • Markets reacted mildly to the news, with Meta shares rising about 1.7% in trading before easing in after-hours, reflecting investor caution about implementation risks.
  • The deals fit into a wider tech scramble for limited AI data-center capacity and could affect local power demand and hiring as Meta deploys infrastructure for its AI agent plans.