Prediction Open · timeframe Dec 2027
Lockmiller: Crusoe aims to energize an SMR-powered AI data center in 2027
“We're actually hoping to energize the first AI, AI factory powered by an SMR in twenty-twenty-seven.”
Disclosure
Lockmiller: Crusoe placed a 1.2 billion dollar gas turbine order
“Now we're, you know, their first large purchase order for 1.2 billion dollars of, ah, gas turbines to power AI, critical AI infrastructure.”
Assertion Not checkable as stated
Lockmiller: Crusoe runs an off-grid AI data center cheaper than grid power
“We actually deployed a fully off-grid solar plus battery energy storage system that powers an AI data center, 24 hours around the clock, with a power price that's lower than the power price in Northern Virginia.”
Assertion Not checkable as stated
Crusoe CEO Lockmiller: No leading AI lab has enough compute
“Nobody has enough compute. None of the, you know, leading labs, none of the leading application companies can get their hands on enough compute.”
What-if
Lockmiller: Competitors would quickly absorb compute capacity if OpenAI failed
“Imagine, imagine they did go out of business. The reason they'd go out of business is because some other model company, whether it be, you know, Anthropic or Gemini or Grok, like really blew them out of the water. But if that were to happen, the group that mas…”
Assertion Not checkable as stated
Lochmiller: AI infrastructure is driving human history's largest CapEx
“And it's driving the biggest capital investment in human history.”
Opinion
Lochmiller: Hyperscalers' AI talent spending is a rounding error compared to infrastructure
“The investments they're making in people are actually rounding errors compared to the investments they're making in infrastructure”
Disclosure
Lockmiller: Crusoe Cloud sees compute demand accelerate going into 2026
“No, we're seeing things accelerate.”
Prediction Open · timeframe Jan 2031
Lockmiller predicts AI data center racks will reach 1 megawatt density
“The next generation, Vera Rubin, is gonna be 250. And then Vera Rubin Ultra is expected to be 600. We're ultimately gonna get to one megawatt racks.”
Prediction Partly held up
Lochmiller: Data centers will drive 20% of US power demand growth
“Data centers are forecasted to account for 20% of the growth in power demand between now and 2030.”
Prediction Open · timeframe Dec 2030
Lochmiller: Data centers will grow to consume 10% of total US power
“Data center total power consumption is gonna go from two and a half percent of US power consumption to 10%.”
Disclosure
Lochmiller: Crusoe holds a 40 GW energy capacity project pipeline
“If you look at our pipeline, we have about 40 gigawatts of capacity that spans all sorts of energy resources from new energy technologies like you know, like small modular reactors to renewables and natural gas to power this innovative future.”
Assertion Partly supported
Lochmiller: Crusoe and Redwood built the largest US EV battery microgrid
“We did a partnership with Redwood Materials where we built the largest we built the largest microgrid with in the United States with 60, 60 megawatt hours of batteries, end-of-life EV batteries, and 20 megawatts of solar to power an AI factory.”
Disclosure
Lochmiller: Crusoe partnered with GE Vernova for 4.5GW gas generation
“We have a partnership with GE Vernova and Engine Number One, ah, for four and a half gigawatts of new, ah, gas generation capacity to power future AI data centers.”
Disclosure
Lockmiller: Crusoe built a 350-megawatt gas plant for a Texas data center
“We have a 1.2 gigawatt substation there. We've also built a 350 megawatt gas plant on site. To energize one of the largest clusters of GPUs in the world.”
Disclosure
Lockmiller: Crusoe Cloud plans to build a 10-gigawatt data center in Wyoming
“We have another project in outside Cheyenne, Wyoming, that we've announced we're planning to build a 10 gigawatt campus.”
Insight
Lockmiller: Syncing massive AI GPU clusters causes extreme power draw fluctuations
“When you're deploying giant clusters of GPUs you know, the entire data center is acting as a single computer. It's running one single workload that's training some breakthrough foundational model. And what that results in is actually massive load fluctuations …”
Disclosure
Lockmiller: Crusoe secured a 15-year Oracle off-take agreement in Texas
“We have a long-term lease agreement with Oracle. Right, so we have a long-term, you know, fifteen-year off-take agreement with Oracle and so they're committed to sort of paying us for that, you know, time frame. So that helped unlock a lot of the construction …”
Disclosure
Lockmiller: Crusoe has over 45 gigawatts in its development pipeline
“Crusoe has over 45 gigawatts in our pipeline”
Disclosure
Lockmiller: Crusoe Cloud will add 2,400 full-time employees this year
“We're gonna add 2400 people this year. Full-time employees. And then tens of thousands of contractors.”
Disclosure
Lochmiller: Crusoe raised $15 billion to build its flagship AI data center
“We raised fifteen billion dollars to basically put this facility and bring it into existence.”
Disclosure
Lochmiller: Crusoe announces Tallgrass partnership scaling to 10GW power
“We want to announce a new partnership that we're doing with Tallgrass Energy in Wyoming that will initially power 1.3 gigawatts of total compute load, ah, alongside two gigawatts of power generation, and ultimately we feel like this can scale to 10 gigawatts o…”
Disclosure
Lockmiller: Crusoe Cloud is vertically integrated across energy, data centers, and AI
“We're a vertically integrated business, which means we're focused on not just the compute layer, but also the energy development, the data center development as well as the, you know, application layer where we're, you know, running things like our managed inf…”
Assertion Not checkable as stated
Lockmiller: Crusoe Cloud has 8,000 workers on site in Abilene, Texas
“So in Abilene today, we have 8000 people on site every day.”
