Crusoe CEO: Every single customer we talk to is compute-constrained right now

Company Overview & Funding - Crusoe's valuation has more than tripled in less than a year, reaching over $10 billion [1][6] - The company raised $1.4 billion in its latest funding round with investors including Peter Thiel's Founders Fund, Salesforce Ventures, and Nvidia [1][6] - Crusoe's core mission is accelerating the abundance of energy and intelligence [4] - Crusoe is named after Robinson Crusoe, embodying innovation with resources [18] AI Infrastructure & Energy Demand - The AI boom is driving tremendous demand for power, inspiring innovation and capital investment in the energy sector [5] - Every customer is compute constrained, leading to bottlenecks in chips and energy infrastructure [17] - Long-term commitments (15-20 years) are being made to build AI infrastructure [8] - The most uncertain question is the depreciation schedule for chips due to rapid hardware releases [10] - There is still tremendous demand for historical and legacy generations of chips, not just the newest ones [10][11] Energy Strategy & Location - Crusoe takes an energy-first approach to building infrastructure, locating in areas with abundant energy [18] - Crusoe built in Abalene, Texas, a market with abundant renewables and negative energy pricing [19] - Mega-scale AI infrastructure projects are being built in energy-rich locations like Texas, Louisiana, and Wyoming [20]