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Business • Jun 13, 2025

Crusoe invests $400 million in AMD chips for AI centers

Crusoe, a company focused on powering AI, just announced it's buying about $400 million worth of AMD's MI355X chips—nearly 13,000 of them. These high-speed chips are headed to a brand new US data center and will help Crusoe handle more advanced AI projects.

TL;DR

Crusoe is using pre-fab parts to get things up

To get things up and running quickly, Crusoe is using pre-fab parts so the data center can open by fall. It'll be flexible enough to support several clients or one major customer at a time. CEO Chase Lochmiller says their real strength is moving fast with a sharp engineering team—plus, this move positions AMD as a strong competitor to NVIDIA in the AI hardware market.