Crusoe, Blue Owl Capital and Primary Digital Infrastructure to form a $3.4bn joint venture.

Crusoe, a vertically-integrated AI infrastructure company, Blue Owl Capital, an alternative asset manager, and Primary Digital Infrastructure, an advisory and investor firm focused in the data center industry, agreed to form a $3.4bn joint venture. “Rapidly expanding demand for purpose-built data centers proves that markets know the future will be powered by AI. We've designed this data center to enable the largest clusters of GPUs in the world that will drive new breakthroughs in AI. An investment of this magnitude from a leading, trusted asset manager like Blue Owl and Primary Digital Infrastructure is a reflection of Crusoe’s proven ability to meet growing demand for AI compute, and to power these workloads sustainably,” Chase Lochmiller, Crusoe CEO and co-founder.