Crusoe Energy Systems is an energy-first AI infrastructure company that converts stranded and waste energy into power for high-performance computing. Founded in 2018 in Denver, the company began by mitigating methane flaring from oil and gas operations and has since evolved into a vertically integrated platform spanning power generation, modular data centers, and GPU cloud services for AI training and inference. Crusoe’s Digital Flare Mitigation® systems capture natural gas that would otherwise be flared or vented and use it to generate electricity on-site, which then feeds containerized data centers colocated at or near the energy source.
As AI compute demand has accelerated and grid constraints have tightened, Crusoe has repositioned itself as a “sustainable neocloud” provider competing with traditional hyperscalers and AI infrastructure startups. The company reports that its flare-mitigation deployments have prevented more than 5.4 billion cubic feet of gas from being flared and generated over 635,000 MWh of electricity, materially reducing CO₂ and methane emissions relative to baseline flaring. In 2024–2025 Crusoe expanded from mobile flare-site units into larger fixed campuses, including a nearly one-million-square-foot facility in Abilene, Texas that underpins the first phase of OpenAI’s Stargate data-center project and is designed to host more than 100,000 GPUs. With a Series D round in late 2024 and a Series E in October 2025 that valued the company at more than $10 billion, Crusoe is now capitalized to scale its model globally at the intersection of AI infrastructure, energy innovation, and climate technology.