Crusoe CEO Chase Lochmiller on 20VC: $6.4B raised, GPU depreciation, and datacentre economics
20VC · rss · 2026-10-03
The 20VC podcast hosts Crusoe co-founder and CEO Chase Lochmiller on the future of AI datacentres. Crusoe builds and powers datacentres used to train and run AI, has raised $6.4B in equity including a $3.9B Series F at a $30.9B valuation, with backers including NVIDIA, Founders Fund, and Mubadala Capital.
Topics covered: what's really blocking enough AI datacentre buildout; whether datacentres are actually driving up household energy bills; why half of planned AI datacentres may never get built; how fast a GPU pays for itself and whether it goes obsolete before that; producing the cheapest intelligence; and whether companies building their own models will eat into OpenAI's business.
More from Venture
- AI Lowers the Bar to Build Products, but Distribution Is the New Moat — sujingshen · 2026-10-03
- AI Auditing Startup Ascerta Raises $18M to Tie AI Spending to Business Metrics — YvesMulkers · 2026-10-03
- 98% of US households aren't paying for AI yet — TansuYegen · 2026-10-03
- Scale AI's Alexandr Wang personally did Twitter sales 9 years before a $1B payday — kevinnbass · 2026-10-03
- Solo dev builds an off-market real estate deal pipeline with Claude — and hits the data wall — italimade · 2026-10-03
- Stripe's upcoming agentic identity API may let trusted agents claim free trials for users — jeff_weinstein · 2026-10-03