Crusoe abandons $1.25B plan to use Boom turbines at AI data centers
News Source
β’Fri, 25 Sep 2026 23:11:10 +0000
π° What Happened
Crusoe has dropped a $1.25 billion plan to buy power turbines from Boom Supersonic. Crusoe builds data centres for AI and had agreed to buy 29 of Boom's 42-megawatt Superpower turbines, with the first deliveries due in 2027.
Boom's chief executive, Blake Scholl, said on X that the plan is off. He said other customers are in the pipeline, and that Boom is still cheering for Crusoe. The two companies are both based in Denver.
π The Backstory
Scholl said Boom will deliver about 250 megawatts of Superpower turbines to other sites next year and is aiming for one gigawatt in 2028. He also hinted that the firms could work together again if turbines become part of Crusoe's main power supply.
Crusoe started in 2018 as a bitcoin miner that ran on excess natural gas from oil fields. It has raised $3.9 billion and is now one of the biggest builders of AI data centres, including a large campus in Abilene, Texas, that supplies computing power to OpenAI. Boom is best known for a supersonic passenger jet called Overture.
π― Why It Matters
AI data centres need enormous amounts of electricity. Deals like this show that power supply, not just chips, may limit how fast AI grows.
Crusoe has dropped a $1.25 billion plan to buy power turbines from Boom Supersonic. Crusoe builds data centres for AI and had agreed to buy 29 of Boom's 42-megawatt Superpower turbines, with the first deliveries due in 2027.
Boom's chief executive, Blake Scholl, said on X that the plan is off. He said other customers are in the pipeline, and that Boom is still cheering for Crusoe. The two companies are both based in Denver.
Scholl said Boom will deliver about 250 megawatts of Superpower turbines to other sites next year and is aiming for one gigawatt in 2028. He also hinted that the firms could work together again if turbines become part of Crusoe's main power supply.
Crusoe started in 2018 as a bitcoin miner that ran on excess natural gas from oil fields. It has raised $3.9 billion and is now one of the biggest builders of AI data centres, including a large campus in Abilene, Texas, that supplies computing power to OpenAI. Boom is best known for a supersonic passenger jet called Overture.
AI data centres need enormous amounts of electricity. Deals like this show that power supply, not just chips, may limit how fast AI grows.