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Crusoe sold the Wyoming data center project to Google, which plans to invest $17 billion to take over development.
Yesterday (November 7), AI data center developer Crusoe confirmed it has sold an unfinished data center project in southeastern Wyoming, U.S., to Google. Google plans to invest $17 billion to complete subsequent development and construction, though the transaction value remains undisclosed. First announced in 2025 by Crusoe and Tallgrass—a Blackstone-backed infrastructure firm—the project aims to deliver a final power capacity of 10 gigawatts. Although Google had previously engaged as a potential customer during evaluation, it opted instead for direct acquisition and full development control—citing concerns over potential cost overruns and schedule delays under Crusoe’s leadership. This move highlights the multifaceted real-world bottlenecks independent data center developers face when advancing large-scale AI infrastructure projects, spanning critical equipment procurement, reliable power supply assurance, granular cost management, and local community resistance. Notably, Crusoe has not ended its collaboration with Google: the company is currently building another data center for Google near Amarillo, Texas. Its client roster also includes Oracle, OpenAI, Microsoft, and Meta. In September, Crusoe closed a $3.9 billion funding round, bringing its post-money valuation to $30.9 billion.